August 5, 2026 - via Newsweek - In a story about oil prices, Healthy Markets President & CEO Tyler Gellasch told Newsweek that there were both “explicit” and “implicit” actions the president could take if he truly wanted to pressure oil majors into dropping prices and sharing profits.
He noted that the oil and gas industries benefit from tax subsidies and advantages that the Trump administration could work with Congress to roll back, or lean on a president’s “longer-term leverage” and continue pressuring them publicly to change course.
Gellasch said he would ordinarily expect an administration—particularly a Republican one—to refrain from such actions. However, he said that the Federal government has over the last 18 months engaged in “a level of government interventionism that is something unlike what we have ever seen,” citing such actions as the equity stake it acquired in Intel.
“We’re seeing a new age of government interventionism in market forces,” he said. “Will that lead to ultimately lower prices for consumers? That remains to be seen.” (Full Story).