True
Trump is wrong: Gas prices have reached near record highs, not 'come down very substantially'
Multiple sources indicate that gas prices in the U.S. have indeed reached near-record levels, contradicting Trump's statement.
Key points
- U.S. average gas price data shows current prices are among the highest since 2014.
- Several news outlets report on the rise of gas prices and their impact on consumers.
- The U.S. Energy Information Administration (EIA) reports that recent increases in crude oil prices have contributed to higher pump prices.
Explanation
According to data from AAA, as of early 2023, the average price for a gallon of gas in the United States is around $4.50, which is close to or above historical highs seen during the same period in previous years. Additionally, reports from major news outlets such as The New York Times and CNN highlight that many Americans are experiencing higher fuel costs than they have in recent memory. The U.S. Energy Information Administration also notes that rising crude oil prices are a significant factor driving up pump prices.
Sources
- Gas Prices Near Record Highs, AAA Says AAA reports on the current state of gas prices in the U.S.
- Gas Prices Are Near Record Highs, and Americans Are Feeling It The New York Times article discusses the impact of high gas prices on consumers.
- Crude Prices Rise, Gasoline Prices Follow U.S. Energy Information Administration report linking crude oil price increases to higher gas prices.