Florida Gov. Ron DeSantis pledged Wednesday to lower gas prices to $2 per gallon if he wins the White House next year, an ambitious claim that energy analysts say is unrealistic because of a president’s lack of control over the global oil market.
As part of a new energy agenda unveiled in oil-rich Texas, the 2024 Republican presidential candidate vowed to be “laser-focused on reducing gas prices and energy costs,” including $2-per-gallon gas by 2025 with more domestic oil production.
The average price for a gallon of gas was $3.88 as of Wednesday, according to AAA. That’s roughly 20 cents more than one year ago. Energy analysts say Mr. Biden’s environmental policies and contradictory messaging on oil production has created regulatory uncertainty, which can negatively affect long-term output and costs.
Those other considerations include things like state and federal gas taxes, shifting to a dirtier form of gasoline and easing EPA requirements. Mr. DeSantis softened his $2 pledge when pressed by reporters at the unveiling of his energy plan, saying that “we think we can get close.”
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