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Issue 05 · Energy & Cost of Living

Cheap, Reliable,
American-Made Energy

America produces more oil than any nation in history. Yet families are paying more every year to heat their homes and fill their tanks, the grid is straining and the minerals that power modern technology are refined mostly in China. Energy is the price behind every other price.

12.9M
Barrels of crude per day in 2023, the most any country has ever produced
EIA [1]
1952
The last year America was a net energy exporter, until it happened again in 2019
EIA [2]
38%
Rise in the average home electricity price, 2019 to the 12 months ending Aug. 2026 (13.0¢ to 18.0¢ per kWh)
EIA, Nov. 2026 [3]
4.5 yrs
Average time to complete a federal environmental impact statement
CEQ, 2020 [6]
The Paradox

Energy Rich, but Paying More

The shale revolution turned America into the world's largest producer of oil and natural gas and, since 2023, the world's largest exporter of liquefied natural gas. That was built by American workers in Texas, North Dakota, Pennsylvania and New Mexico, and it gave the U.S. leverage no army could buy.

But production records haven't translated into lower bills at home. Electricity prices have climbed sharply since 2019. Gasoline topped a $5 national average in June 2022 and averaged nearly $4 for the year. Permitting delays keep new pipelines, power plants and transmission lines tied up for years, while demand from data centers and new factories is rising fast.

To be fair: bills also rose with natural gas prices after 2021, storm and wildfire costs and grid upgrades that would be needed under any policy. Permitting is one cause among several.

An America First energy policy measures success by one thing: what American families and factories pay.

Average U.S. Regular Gasoline Price ($/gallon)

Annual averages, all formulations, rounded. The latest month, October 2026, averaged $4.31. Source: EIA, Gasoline and Diesel Fuel Update [4].

"Let us set as our national goal… that by the end of this decade we will have developed the potential to meet our own energy needs without depending on any foreign energy sources."Richard Nixon · Address to the Nation on Energy, Nov. 7, 1973
Interactive

What Energy Costs Your Household

Move the sliders to match your household and compare what you'd pay at 2019 prices versus today's.

Average Residential Electricity Price (¢/kWh)

National annual averages, rounded; 2025 is from EIA's final state data. The 12 months ending August 2026 averaged 18.0¢. Your state's rate may be much higher or lower (see your state). Source: EIA [3][11].

The average U.S. home uses roughly 850–900 kWh a month (EIA).

Extra cost per year at today's prices vs. 2019
+$1,439
  • Electricity, 2019 prices$1,342
  • Electricity, today's prices$1,858
  • Gasoline, 2019 prices$1,404
  • Gasoline, today's prices$2,327

Uses national averages from EIA: electricity 13.0¢ per kWh in 2019 vs. 18.0¢ in the 12 months ending Aug. 2026; regular gasoline $2.60 a gallon in 2019 vs. $4.31 in Oct. 2026. Gas prices swing month to month. Illustrative only. See all your household costs.

Interactive · 50 States + DC

Your State's Power Bill, and What Makes It

Homes in North Dakota paid 11.8¢ per kWh in 2025. Homes in Hawaii paid 40.4¢. Pick a state to see its price and where its power comes from. EIA, final 2025 data [11][12]

Price vs. Wind + Solar Share, 2025

Each dot is a state; tap one to select it. Price: average residential price, 2025 (EIA-861). Mix: share of in-state utility-scale net generation, 2025 (EIA-923); excludes rooftop solar. Source: U.S. Energy Information Administration [11][12].

No Single-Fuel Rule

Wind-heavy Iowa and South Dakota (60% wind and solar) are cheap. So are coal-heavy Kentucky, Missouri and Wyoming. Across all 51, wind and solar share barely tracks price (correlation −0.19), and fossil share doesn't track it at all (+0.05). EIA [11][12]

What Actually Raises Bills

The priciest states are gas-reliant New England and California, and oil-reliant Hawaii. Their bills reflect pipeline bottlenecks, wildfire and grid costs, island isolation and state policy as much as the fuel itself.

What We'd Do

Stop picking winners. Build pipelines into New England, keep reliable plants open until replacements are proven, speed permits for nuclear and transmission and let states compete on cost. See the full plan →

To be fair: a state's in-state mix isn't what its homes actually use when it imports power (DC, Vermont and Massachusetts import most of theirs), and one year of state averages can't prove cause and effect.

Critical Minerals

The Supply Chain China Owns

Rare earths, lithium, graphite and other critical minerals go into everything from F-35s and missiles to phones, motors and batteries. The International Energy Agency estimates China handled about 91% of rare-earth refining in 2024, and it is the top refiner of 19 of the 20 critical minerals the IEA tracks [8].

America has the deposits. What we've lost is the mines, refineries and permits to use them. Beijing has already restricted exports of several critical minerals in response to U.S. trade policy, a preview of what dependence costs in a crisis.

"Not only the wealth; but the independence and security of a Country, appear to be materially connected with the prosperity of manufactures."Alexander Hamilton · Report on Manufactures, 1791

Strategic Petroleum Reserve

The SPR exists for true supply emergencies. In 2022, the federal government sold 180 million barrels to bring down gasoline prices. By mid-2023, the reserve had fallen to about 347 million barrels, its lowest level since 1983 [9].

Inventory in millions of barrels: year-end 2010 and 2020, the July 2023 low, and the week ending Oct. 30, 2026. Source: EIA weekly SPR stocks; DOE [9].

Myth vs. Fact

Tap a Card to Flip It

Myth

"The president sets the price of gas."

Tap to see the facts ↻
Fact

Gas prices mostly follow global crude prices, which no single president controls. Policy matters at the margin: permitting, leasing, refinery capacity and regulations shape supply over years, not weeks. Be skeptical of anyone of either party who takes full credit or assigns full blame.

Myth

"Energy independence means we never import oil."

Tap to see the facts ↻
Fact

Many U.S. refineries are built to process heavier crude than our shale produces, so America still imports millions of barrels a day while exporting light crude. "Independence" means being a net exporter that can't be held hostage, and America has been one since 2019.

Myth

"America First energy means opposing every new technology."

Tap to see the facts ↻
Fact

America First means all of the above, judged on cost, reliability and who makes it. Gas, oil, nuclear, hydro, geothermal and solar all have a role. What we oppose is mandates that raise bills, and subsidies for equipment made in China.

Clips & Primary Sources

An Old American Goal

The America First Plan

Eight Steps to Energy Dominance

  1. Permitting Reform with Hard Deadlines

    Cap federal environmental reviews at two years and limit endless litigation, for pipelines, power plants and transmission alike.

  2. Build Nuclear Again

    Modernize the Nuclear Regulatory Commission's licensing for advanced and small modular reactors, and build a domestic nuclear fuel supply chain.

  3. Fix the Grid and the Queue

    Speed up interconnection and build long-distance transmission so new power can actually reach homes and factories.

  4. Big Tech Pays Its Own Way

    Data centers should cover the full cost of the power and grid upgrades they require, not pass them on to household ratepayers.

  5. Mine and Refine It Here

    Fast-track domestic critical-mineral mines and processing, and stockpile key minerals for defense.

  6. Refill the Reserve

    Rebuild the Strategic Petroleum Reserve when prices are low, and reserve it for real emergencies.

  7. Energy as Leverage

    Expand LNG exports to allies so they buy from America, not from adversaries.

  8. No Subsidies for Chinese-Made Equipment

    Taxpayer incentives should go only to energy equipment built by American workers or trusted allies.

Sources

  1. U.S. Energy Information Administration, Today in Energy: record U.S. crude oil production in 2023 (March 2024).
  2. U.S. Energy Information Administration, U.S. Energy Facts Explained: Imports and Exports; Today in Energy: net exporter for the first time since 1952.
  3. U.S. Energy Information Administration, Electric Power Monthly, Table 5.3, average residential retail price: 2019 annual and the 12 months ending August 2026. Figures rounded.
  4. U.S. Energy Information Administration, Gasoline and Diesel Fuel Update. Annual averages, rounded.
  5. Lawrence Berkeley National Laboratory, United States Data Center Energy Usage Report: 2025 Update (2026) and Queued Up: 2026 Edition (data through end of 2025).
  6. Council on Environmental Quality, Environmental Impact Statement Timelines (2010–2018), June 2020.
  7. U.S. Energy Information Administration, electricity generation by source; Georgia Power / Southern Company reporting on Vogtle Units 3 & 4.
  8. International Energy Agency, Rare Earth Elements: executive summary (2024 data) and Global Critical Minerals Outlook 2025.
  9. U.S. Department of Energy, Strategic Petroleum Reserve. Inventory figures approximate.
  10. Richard Nixon, Address to the Nation About Policies To Deal With the Energy Shortages, Nov. 7, 1973 (American Presidency Project).
  11. U.S. Energy Information Administration, Electricity Data: State-level data, Form EIA-861 final 2025 data, "Total Electric Industry," average residential price (released Oct. 2026).
  12. U.S. Energy Information Administration, Net Generation by State by Type of Producer by Energy Source, Form EIA-923 final 2025 data (spreadsheet; released Sept. 2026).
Up Next · 4 of 7 End the Forever Wars → $8 trillion, two decades and a foreign policy of strength and restraint.
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