President Donald Trump's attends a joint session of Congress at the U.S. Capitol in Washington, D.C., March 4, 2025. (Brian Snyder/Reuters)
"We have more liquid gold under our feet than any nation on earth, and by far," Trump said. "And now I fully authorize the most talented team ever assembled to go and get it. It's called drill, baby, drill."
Slashing energy prices was one of Trump's many campaign promises before he was elected in November. At a rally in State College, Pennsylvania, Trump vowed to lift the U.S. pause on U.S. liquefied natural gas export terminals.
MIKE ROWE SAYS TRUMP POLICIES WILL LEAD TO SHORT-TERM PAIN, BUT LONG-TERM GAIN
President Donald Trump takes a question from a reporter before boarding Marine One on the South Lawn of the White House on February 28, 2025 in Washington, DC. (Andrew Harnik/Getty Images)
"Federal policies today make it too easy to stop projects and very hard to start and complete projects," Wright said in January. "This makes energy more expensive and less reliable. President Trump is committed to lowering energy costs and to do so, we must prioritize cutting red tape, enabling private sector investments, and building the infrastructure we need to make energy more affordable for families and businesses."
Fox News' Breanne Deppisch contributed to this report.
Andrea Margolis is a writer for Fox News Digital and Fox Business. Readers can follow her on X at @andreamargs or send story tips to andrea.margolis@fox.com.
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