ArcaMax
Trump faces midterm fuel reckoning as gas prices near Biden's average
xCruzo Brief
Gasoline prices are nearing the average levels seen under Joe Biden’s presidency, putting Donald Trump in a difficult spot heading into the Nov. 3 midterm elections. The article notes that early in Trump’s second term prices moderated, but they have risen again this year amid disruptions to global fuel supplies after the Iran war launched alongside Israel in February and with stockpiles stretched. It cites increases of almost 40% for gasoline to more than $4 per gallon, diesel up 74%, and electricity up about 15% nationwide. It also says the average gasoline price during Trump’s second term is likely to surpass Biden’s $3.47 average, while Biden’s peak reached $5.02 in June 2022.
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