If It’s Good Enough for Wartime, It’s Good Enough for Peacetime

The re-escalation of the war with Iran has caused energy prices to surge, impacting family finances. Gasoline averages exceed $4 per gallon, diesel has surpassed $5, and Brent crude reached $100 last week. This mirrors the initial war period when the Trump administration utilized internal policy levers and suspended specific rules to combat supply shocks. These emergency measures successfully reduced costs, prompting questions about implementing similar strategies during peacetime to maintain lower energy prices.