Trump finds a new way to blame gas prices on anyone but himself
Suddenly, gas prices have absolutely nothing to do with the Iran war, according to the U.S. president.
After spending months denying and downplaying the fact that gas and diesel prices have become more expensive, Donald Trump finally conceded Monday. The only catch to his admission: the rising price tag is definitely not his fault.
“What’s driving up Gasoline is no longer the Strait of Hormuz, because Record Numbers of Barrels are coming out now on an almost daily basis,” Trump wrote on Truth Social Monday.
Instead, Trump blamed the sky-high prices on Ukraine, claiming that their recent attacks on Russian oil refineries had aggrieved the global oil market. (It’s worth noting that Ukraine would likely stop attacking Russian infrastructure if Trump’s buddy Russian President Vladimir Putin stopped invading Ukraine.) He also wagged a finger at “Blue States like California” that are trying to veer away from fossil fuels in favor of renewable energy sources.
Provisional ship-tracking data obtained by Reuters revealed that, in the last month of September, oil trade through the Strait of Hormuz had roughly returned to pre-war levels. Millions of barrels of oil from European reserves are also expected to help lower prices in the near future, following an urgent plea from Trump to G7 leaders last week.
But American wallets are still hurting. Oil and gas prices have risen sharply since the start of the Iran war and the subsequent closure of the Strait of Hormuz. In early February, weeks before the Trump administration initiated the conflict, gas cost approximately $2.99 per gallon. Today, a gallon costs $4.36 on average, according to the AAA fuel price tracker.
This time last year, diesel cost an average of $3.68 a gallon, according to AAA. Today, it costs $6.32 a gallon.
Since the war began seven months ago, Americans have spent $107 billion more on gas and oil, according to an analysis by the Climate Solutions Lab at Brown University published last month.
Consumers have spent roughly $59 billion more on gas and $48.6 billion more on diesel, according to the university’s tracker. That breaks down to an increased price tag of approximately $822.20 per U.S. household.
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Original Article: Trump finds a new way to blame gas prices on anyone but himself
