The Daily Mail reported that President Donald Trump said this week he would work with Republicans in Congress to help ease the pain Americans feel at the gas pump as global uncertainty and seasonal patterns continue to drive up prices.

According to AAA, on Thursday the average national gasoline price was $3.165 a gallon. This is up from $3.125 per gallon a month earlier, but lower than February 2024, when it was $3.276.

According to The Mail, the rising price of energy has hampered the president’s efforts to reduce inflation. In addition, the threat of tariffs and seasonal refinery maintenance have kept prices high. Trump still sees some hope by offering incentives to companies that keep manufacturing in the U.S. and working with Republicans in Congress to reduce taxes for everyone.

Trump, speaking at a Saudi Arabian sovereign wealth fund conference in Miami on Wednesday said that his tax cuts would include “100% depreciation for new factory constructions in the United States.”

“As long you build in America and hire in America you can be sure that I am fighting for you,” the president said. The president didn’t give any details about the tax breaks he might extend to domestic oil producers but said they would be included in his upcoming tax plans.

“I will be working with the Republican Congress to pass the largest ever tax cuts for Americans. We are going to drastically cut taxes for all families, workers, and companies. This includes no tax for tips hopefully no social security tax and no overtime tax.”

Patrick De Haan is the head of petroleum research at GasBuddy. He posted this on X. “#GasPrices are continuing to rise due to seasonality and refinery problems in the west.” The national average is $3.164/gal. This is the highest price since mid-October. Prices will rise by another 15-55 cents in the next eight weeks.

Analysts predict that traditional factors of supply and demand are required to reduce costs and that a surge in production at home is the solution.

Newsweek quoted Karl Brauer as saying that “price is determined by supply and demand unless other factors such as government policies or control overpower market forces.”

The price of oil will drop if the supply of oil increases in the U.S. through more drilling and fewer restrictions. Gas prices could be lowered as a result, since they are heavily influenced by the global crude oil price.

Trump has also pledged to increase the Strategic Petroleum Reserve.

“The world runs on low-cost energy, and energy-producing nations like us have nothing to apologize for,” he said, adding that the U.S. has “more energy than any other nation in the world, and we’re going to use it.”