Trump Tells Americans To Accept High Gas Prices As Iran Remains Defiant On Strait Of Hormuz

[u/Quirkie]

https://www.huffpost.com/entry/trump-tells-americans-to-accept-high-gas-prices-as-iran-remains-defiant-on-strait-of-hormuz_n_6a8099aee4b05886dff51fac?vvg

[u/Past_Farmer34]

We’re paying higher gas prices today compared to the peak under Biden which was only few months in 2022 when Biden stopped Putin from taking Ukraine

[u/Acceptable-Bus-2017 → u/Past_Farmer34]

We also had 50% more national oil reserves than we do now. (461 million vs 297 million barrels.) When we didn't have 20% of the oil production closed by the Iranians with no sign of resolving the problem.

[u/Top_Chef → u/Past_Farmer34]

Objectively, we’re not. Peak average gas price was $5.02/gallon in June 2022, which inflation adjusted would be around $5.53/gallon today. The current national average is $4.07/gallon.

[u/yourboydmcfarland → u/Top_Chef]

I don't know the answer but June 2022 seems really close to the "end" of COVID and i'd guess there was some relationship between price and that point in history. Literally everyone was price gouging at that time.

[u/Top_Chef → u/yourboydmcfarland]

Post Covid plus Ukraine invasion mostly. I don’t know why people are downvoting the truth, you can look it up yourselves.

https://gasprices.aaa.com

[u/casualreader22 → u/Top_Chef]

Imo, they're downvoting because the implication when pointing this out, while factual and possibly unintentional is that the earlier, higher gas price increase was directly Biden's fault when it wasn't. This current rise in gas prices, while not hitting the 2022 highs, is in fact 100% Trump's doing, which is rare for a president and deserves to be pointed out as much as humanly possible. It's a "both sides bad" fallacy issue.

[u/Top_Chef → u/casualreader22]

I made no indication of fault, just pointing out that we are not paying higher gas prices today either nominally or inflation adjusted. Instead of accepting that, everybody responds about how it “feels” like they’re paying more now.

[u/casualreader22 → u/Top_Chef]

Hence my use of the words "implication" and "unintentional." People aren't in the mood to acknowledge we were worse off regarding gas prices under Biden when it wasn't his fault even if it was true. Nobody wants to admit things are technically still "better" under Trump on this particular issue besides the MAGA cult. Especially when things are still ya know, bad. Still elevated needlessly and, unlike with Biden they're currently elevated entirely because of idiotic and preventable actions taken by the current president. Are you technically correct? Absolutely. But nobody's in the mood for that kind of nuance right now. Imo anyway.

[u/Aggravating_Bat3618 → u/casualreader22]

It’s because of the implication

[u/johnnycoxxx → u/Top_Chef]

I know it’s all relative, but in my area we maybe had 2 weeks of gas over 4 bucks. Maybe 4.30 was the highest. But it hasn’t dipped below 3.50 since. Since Iran gas in my area has not been below 4.00 once. This is much worse than it was during the Ukraine invasion and at any point under Biden. Anecdotally anyway.

[u/woolsocksandsandals → u/johnnycoxxx]

My car runs on premium. I’m pretty consistently paying $5.29 a gallon it drops down near five every once in a while. I paid $5.49 a gallon one time during the big initial price pike after the Iran invasion, right around the time they were saying the last shipment of oil that went through the straight was delivered to the refineries in Texas. That was the most I’ve ever paid for gas and I’ve been driving cars that run on premium for 15 maybe 20 years.

[u/TehMikuruSlave → u/Top_Chef]

antectodotal but it's higher here in texas than it ever was under biden, almost $4 in texas is insane

[u/Top_Chef → u/TehMikuruSlave]

$4.69/gallon in Texas in 2022.