Donald Trump: Americans are paying less for gasoline now than they did under Biden and Obama
Donald Trump · claimed on Oct 24, 2026 · original source
At a rally in Perry, Georgia, on 24 October 2026, President Donald Trump said of gasoline prices: "You're still paying lower than (under) Biden and Obama." At the time the weekly national average was $4.42 a gallon; in the EIA reading for the week of 9 November it fell to $3.995, the first weekly average below $4 since July. Whether the statement holds depends on the yardstick: nominal weekly prices, peak prices, how long prices stayed high, or the cost relative to income. The official EIA weekly price series, combined with income and consumer price data, can settle each of these comparisons.
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