Trump’s Energy Policies Result in Lower Prices at the Pump and Inflation Dropping to 1.6%

According to the US Bureau of Labor Statistics the US inflation rate decreased to an eight month low in June to 1.6%.

Joana Taborda at Trading Economics wrote:

Consumer prices in the United States increased 1.6 percent year-on-year in June of 2017, below 1.9 percent in May and compared to market expectations of 1.7 percent. It is the lowest inflation rate since October of 2016 due to a 0.4 percent fall in gasoline prices.”

President Trump’s executive actions to move forward with the Keystone XL and Dakota Access pipelines may not only reduce the cost of gasoline [READ MORE HERE]

Aggregated News

Aggregated news from around the world, brought to you in a single source for convenience. These snippets of news include a link to the full article. Please peruse our other editorial and original content, as well. 

Leave a Reply