I declared a national energy emergency. Gasoline is now under $2.50 a gallon in much of the country. In some states it, by the way, just hit $1.99 a gallon. And Within the next 12 months we will have opened 1,600 new electrical generating plants. A record every. And it's a record that won't be beaten by practically, I would say by anybody or certainly not very soon. Prices on electricity and everything else will fall dramatically. (13:40–13:47)
CLAIM
Asserts that 1,600 new electrical generating plants will open within 12 months.
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