President Trump’s latest plan to tackle inflation has sparked debate. At the heart of his strategy? Boosting oil and gas production. He’s calling it a “national energy emergency,” arguing that high energy costs are driving up the prices of everything from groceries to housing.

Speaking at the World Economic Forum in Davos, Trump promised to unlock the country’s “liquid gold” – namely, its vast fossil fuel reserves. He insists that increasing energy output will lower costs for consumers and businesses alike.

But not everyone’s convinced. Economists point out that energy prices are largely shaped by global markets, not just U.S. production. “The world isn’t exactly running low on fossil fuels right now,” one expert noted.

Trump’s energy push is part of a broader economic agenda that includes tax cuts, trade tariffs, and slashing regulations. He’s also signed an executive order aimed at reducing housing and health care costs.

While inflation has eased since its 2022 peak, the president’s plan remains a tough sell for many. Critics argue