LyrArc Article Gist
Why is this important? Because America needs a future and investing in the future meets investing in new technologies and investing in infrastructure, and in mitigating cost of living for families that are struggling. Mr. Trump's claims on cost of living, oil and gas production, and job losses from electric cars at a rally in Texas and fact check:

Oil and gas production is 12.9 million barrels a day compared to 12.3 million barrels a day during the Trump administration- source: Energy Information Administration.

Energy costs are up a lot by $2250. (Mr. Trump said). Energy costs per household up $1520 not $2250 according to Bureau of Labor Statistics. $1520 compares 2022 with 2019 as baseline, $2250 uses Jan 2021 as a baseline when energy use dropped because of the pandemic.

The Ukraine war and taking Russian supplies off the market pushed oil prices higher which were mitigated by policies of the Biden administration on how shipping of oil takes place in international markets setting a lower price for oil than what the Russians and Saudis were expecting.

Autoworkers won't have jobs in 3 years because everything is going electric. (Mr. Trump said).It takes fewer workers to produce electric cars than fossil fuel cars. Yet the world is moving to electric cars and even companies like Toyota that lagged are falling behind. The 146,000 workers at GM and Ford secured a 25% wage increase over several years to meet rising cost of living with the support of president Biden on the picket line. No jobs are expected to be lost in 3 years and America is gaining leadership in electric car technologies to build a healthy automobile industry and well paying jobs for the future.