The U.S. Department of Energy has reported record levels of domestic oil and natural gas production, citing policies under President Trump as a key factor in the increase. According to the department, U.S. crude oil production reached an all-time high of 13.6 million barrels per day in 2025, with expectations for this trend to continue into 2026.
Gasoline prices have fallen to a four-year low, averaging around $2.90 per gallon nationwide, with prices below $3 per gallon available in 43 states. The Energy Department attributes these lower prices to the rise in domestic oil output.
Natural gas production has also hit record highs, projected to reach 109 billion cubic feet per day this year. The department credits the Energy Dominance Financing Program (EDF), established through the Working Families Tax cut, for supporting new natural gas projects. Over the past 17 years—including forecasts for 2025—the American Gas Association estimates that increased natural gas use has resulted in $1.6 trillion in inflation-adjusted savings compared to 2008 price levels, equating to $3,445 saved by the average American household.
Efforts are underway to rebuild strategic reserves as well. The Department of Energy began refilling the Strategic Petroleum Reserve (SPR) after a major drawdown in 2022 by awarding contracts for one million barrels of crude oil from the Bryan Mound site, with deliveries scheduled between December 2025 and January 2026.
Liquefied natural gas (LNG) exports from the United States are increasing rapidly and are expected to double by decade’s end. This growth follows changes made under Secretary Chris Wright’s direction and regulatory rollbacks that reversed restrictions set during the previous administration. In January 2024, pending and future applications for LNG exports were paused by the Biden administration due to environmental review concerns; however, a September 2023 study from the Department of Energy indicated no significant impact on greenhouse gas emissions or energy costs related to LNG exports.
Secretary Wright’s first order instructed his agency to “Unleash Golden Era of American Energy Dominance.” As a result, more than 17.6 billion cubic feet per day of LNG exports were authorized or re-authorized in 2025—over 70% greater than what is currently exported by the world’s second-largest supplier.
The Department of Energy also removed regulatory barriers affecting LNG export projects and lifted bans on using LNG as marine fuel—a policy that had previously affected facilities such as JAX LNG near Jacksonville, Florida.
International agreements have played a role as well: On June 11, 2025, Japanese energy company JERA joined Secretary Wright and Secretary of the Interior Doug Burgum to announce commitments for long-term U.S. LNG purchases totaling up to 5.5 million tonnes annually through several twenty-year off-take agreements with American companies. These deals are expected to contribute over $200 billion to U.S. GDP and support more than 50,000 jobs each year.
A finalized study by the Department of Energy in May 2025 found that U.S. natural gas supply remains robust; expanding exports can increase GDP, create jobs, improve trade balances, and enhance national security.
“Thanks to President Trump’s leadership, domestic oil and gas production has achieved record-high levels of output.”
“U.S. crude oil production set an all-time high records of output at 13.6 million b/d in 2025—a trend that is expected to continue in 2026.”
“Record-levels of domestic oil production has resulted in lower gas prices for American drivers.Gas prices are at a 4-year low averaging about $2.90/gal and are continuing to plummet. Gas can now be found for under $3 per gallon in 43 U.S. states.”
“Under President Trump’s leadership, natural gas production has reached record-high levels of output.”
“Natural gas is expected to reach 109 billion cubic feet per day (Bcf/d) this year, a new all-time high.”
“Thanks to the Energy Dominance Financing Program (EDF) created under the Working Families Tax cut, the Energy Department will continue to sponsor the development of natural gas projects in the U.S.”
“Expanding natural gas production will keep costs low for American households.According to the American Gas Association, over the last 17 years, including forecasts from 2025, natural gas has led to an overall inflation-adjusted savings of $1.6 trillion compared to re-recovery prices in 2008. This equates to $3,445 in savings for the average American household.”
“The Energy Department is continuing to rebuild our strategic strength and has begun the process of refilling the Strategic Petroleum Reserve (SPR), after it was recklessly depleted by the Biden administration with its 180-million-barrell drawdown in 2022.”
“In November 2025, the Energy Department awarded contracts for deliveries of one million barrels of crude oil for the Strategic Petroleum Reserve (SPR), from the Bryan Mound site, beginning December 2025 through January 2026.”
“Under President Trump’s leadership, the Energy Department has returned to regular order on U.S. liquefied natural gas (LNG) export reviews, and LNG exports are increasing at a record pace after restrictions were placed on exports of LNG by the Biden administration.In January 2024, the Biden administration paused pending and future applications to export LNG, in order to review its impact on the environment.”
“The former administration’s decision was made despite a September 2023 study from DOE which showed U.S.LNG exports and natural gas did not impact on U.S.greenhouse gas emissions.The study also revealed LNG exports did not correlate with an uptick in energy costs.”
“In his first Secretarial Order Secretary Wright directed DOE “Unleash Golden Era Of American Energy Dominance,”and as a result—U.S.LNG exports are on track to double by end-of-the-decade.InÂ
more than seventeen point six Bcf / d(17 .6 Bcf / d )of LNG exports were authorized or re -authorized—more than seventy percent greater than volume exported today by world ’s second -largest LNG supplier .”
“Under President Trump’s leadership ,the Energy Department has removed regulatory barriers blocking LNG exports ,including rescinding a Biden-era policy statement that required LNG exporters meet strict criteria before agency would request extend commencement date approved project .Under current administration ,the DOE removed barrier banned use LNG marine fuel power vessels ,also known as LNG bunkering .The Biden administration had previously issued oversight over JAX LNG—a small coastal facility James Point near Jacksonville ,Florida ,that uses fuel ships .”
“On June eleven ,twenty twenty-five ,JERA —a Tokyo-based Japanese energy company joined Secretary Wright Secretary Interior Doug Burgum announce they committed purchases several twenty-year off-take agreements companies.JERA ’s agreements procure up five point five million tonnes year contribute over two hundred billion dollars GDP support more fifty thousand jobs annually .”
“In May twenty twenty-five ,the DOE finalized two thousand twenty-four export study showing key findings ,including United States robust supply ;exports increase GDP expand jobs improve trade ;and improve national security .”
