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Trump's Energy Promise Fails Amid Rising Electricity Costs

1/20/2026

42 8 Full Breakdown

Summary

Story summary

U.S. President Donald Trump promised to cut energy bills in half.
One year later, gasoline prices have fallen about 20%.
Electricity prices have risen significantly, driven by higher natural gas costs and an aging power grid, with wholesale prices up more than 60% in some regions.
Critics say deregulation and keeping coal plants open fail to reduce costs, leaving the pledge unfulfilled.

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Story summary

U.S. President Donald Trump promised to cut energy bills in half.
One year later, gasoline prices have fallen about 20%.
Electricity prices have risen significantly, driven by higher natural gas costs and an aging power grid, with wholesale prices up more than 60% in some regions.
Critics say deregulation and keeping coal plants open fail to reduce costs, leaving the pledge unfulfilled.