Obama administration

Expert Voices

Trump shifting U.S. oil policy to "consumer first"

U.S. President Donald Trump (L) embraces Energy Secretary Rick Perry after Trump delivered remarks
President Trump and Energy Secretary Rick Perry. Photo: Kevin Dietsch-Pool via Getty Images

President Trump took credit again this week for lowering oil prices over the past two months. Oil markets are clearly reacting to his tweets and public comments, which have become a new source of price volatility.

The big picture: Trump’s ongoing campaign against higher oil prices marks a shift from Republican oil policy in the Bush era, which generally relied more on markets to respond to high prices. Despite the presence of oil-friendly cabinet members such as Rick Perry and Ryan Zinke, Trump has aimed to keep prices low.

The number of uninsured Americans holds steady under Trump

Data: CDC; Chart: Andrew Witherspoon/Axios

Overall, the number of Americans who don’t have health insurance is holding pretty steady under President Trump. The uninsured rate stood at 12.5% in the first half of this year, according to the latest data from the Centers for Disease Control and Prevention.

The big picture: Most of those people should be eligible for Medicaid if their states expanded, or for heavily subsidized ACA coverage. That’s in line with where it’s been since the Affordable Care Act’s coverage expansion began in 2014.

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