Yes, Today’s Gas Prices Are ‘Peanuts’
The article discusses President Trump's remark that current gas prices are 'peanuts' compared to historical prices. It highlights that while gas prices are around $4.60 a gallon today, they are lower than during previous administrations when adjusted for inflation. The piece also notes that public opinion is divided on whether to focus on lowering prices or addressing the situation with Iran, which is contributing to the current price spike.
- ▪President Trump referred to current gas prices as 'peanuts' compared to historical prices.
- ▪The national average gas price is around $4.60 a gallon, which is lower than during most of Obama's presidency.
- ▪Public opinion is split on whether to prioritize lowering gas prices or addressing the Iran conflict.
Opening excerpt (first ~120 words) tap to expand
Photo by Eren Ataselim on Pexels.com Energy Yes, Today’s Gas Prices Are ‘Peanuts’ I & I Editorial BoardMay 26, 2026Add comment Democrats were quick to make hay of President Donald Trump’s remark that the high price of gasoline “is peanuts.” But what if he’s right? What if today’s prices are lower than they were, say, when we had a peanut farmer as president? Or many times since then? Democrats called Trump “out of touch” with everyday Americans. “’Peanuts’ isn’t how my constituents would describe the spiking gas prices that make everyday life more expensive,” said New Hampshire Sen. Jeanne Shaheen. “POTUS isn’t paying for this war. Middle-class Americans are, and he couldn’t care less.” Trump is, of course, being maligned … again.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Issues & Insights.
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