The Trump administration announced multiple energy agreements aimed at unleashing American energy and lowering gasoline prices. These include the largest oil deal in world history with Venezuela, securing 65 billion barrels of oil, which would double U.S. oil reserves and increase supply; Venezuelan oil shipments to the U.S. have already increased by over 400% to a nearly decade-high. Additionally, Trump reached a $54 billion agreement with South Korea and Taiwan to construct the long-stalled natural gas pipeline in Alaska, which is projected to save Alaskan residents $10 billion in energy costs. Earlier this month, Trump signed an executive order to immediately reduce diesel costs for American truckers and farmers and reached agreements with multiple countries to release over 130 million barrels of diesel reserves to boost global supply.