During a speech at the New York Economic Club during the 2024 election campaign, Trump said, “We’re down and we’re getting gas below $2 a gallon.” » He also said that he “bringing down the price of everything from electricity rates to groceries to plane tickets to housing costs.”
Fast forward to April 2026 and prices are up across the board. Instead of lowering prices, Trump raised them through a series of policy decisions. From tax cuts for the rich to tariffs to the war in Iran, the president has raised the price of almost everything.
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Much like groceries, gas prices are a direct problem for American consumers. So when Trump launched a war of choice that raised gas prices by 40%, people reacted with rage.
Scott Bessent is Donald Trump’s Treasury Secretary. Scott Bessent is also worth $600 million. Bessent, like the president and the rest of his cabinet, is completely disconnected from the lives and struggles of ordinary people.
Peter Doocy of Fox News asked Bessent: “Secretary Bessent, it doesn’t look like we’re going to get $3 a gallon of gasoline by the summer, which is what the Energy Secretary initially told us. He’s now saying it would be very aggressive if we got to $3 a gallon of gasoline by the summer. So when are we really going to get $3 a gallon of gasoline?”
Remember, Trump promised less than $2 per gallon, but the goal has now been moved to $3 per gallon.