Updated
Updated · Reality Tea · May 5
Donald Trump's 2012 gas price tweet resurfaces online
Updated
Updated · Reality Tea · May 5

Donald Trump's 2012 gas price tweet resurfaces online

8 articles · Updated · Reality Tea · May 5
  • The post spread on X as AAA said US gasoline averages are $1.12 above a year ago and at a four-year high, with oil above $100 a barrel.
  • Users recirculated Trump's 2012 attacks on Barack Obama over fuel costs to criticise him as pressure grows over rising prices linked to the Iran conflict.
  • Trump said prices would fall "like a rock" when the war ends, while also saying he does not call current US operations a war but a military operation.
With the Strait of Hormuz nearly closed and oil prices surging, what realistic options exist to lower gas prices for Americans in the near future?
What unintended economic consequences might result if the US restricts oil exports or introduces subsidies to combat rising gas prices?