On the campaign trail in August 2024, Trump promised to cut energy prices by 50% but in Jan 2026 they are down just 4.3%, and entirely on the back of modestly falling gasoline prices

 

 Average prices per unit of energy in 3Q2024 vs. Jan 2026:

Gasoline $3.496 vs. 2.961 (down 15.3%)

Natural Gas 1.403 vs. 1.704 (up 21.5%)

Electricity 0.178 vs. 0.192 (a new record high, up 7.9%)

Total 5.077 vs. 4.857 (down 4.3%)