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Miles Archer

(22,865 posts) Fri Mar 6, 2026, 05:11 PM Mar 6

"DID YOU EVEN BOTHER TO SAY THANK YOU" UPDATE: U.S. Gas Pump Prices "Jump to Highest Level Under Trump"

US Gasoline Pump Prices Jump to Highest Level Under Trump
Will Kubzansky and Mitchell Ferman
Updated Fri, March 6, 2026 at 5:48 AM EST

https://www.yahoo.com/finance/news/us-gasoline-pump-prices-advance-090253922.html

(Bloomberg) -- US gasoline pump prices advanced to the highest level at any time under President Donald Trump, with the conflict in the Middle East disrupting energy supplies.

The average retail price of gasoline rose to $3.32 gallon on Thursday, according to the American Automobile Association. Futures have also rallied 27% this week and are on track for the biggest weekly advance since March 2022.

Trump has frequently touted cheaper gasoline when talking about American energy dominance, but the run up in fuel costs could pose a significant challenge for the US leader and his party at midterm elections later this year. Current prices at the pump are the highest Trump has had to manage in his first or second term.

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"DID YOU EVEN BOTHER TO SAY THANK YOU" UPDATE: U.S. Gas Pump Prices "Jump to Highest Level Under Trump" (Original Post) Miles Archer Mar 6 OP

Time for some stickers. Qutzupalotl Mar 6 #1

My fear of The Epstein Files did that lame54 Thursday #3

MaddowBlog-Trump and his allies pitch a new idea: Maybe higher gas prices aren't 'bad news' LetMyPeopleVote Thursday #2

Trump's oil boast has cringing industry execs running for cover: report LetMyPeopleVote Friday #4

. dalton99a Friday #5

trump is claiming that high gas costs are good (only for the oil companies) LetMyPeopleVote Saturday #6

Qutzupalotl

(15,801 posts)

1. Time for some stickers.

Reply to Miles Archer (Original post)

Fri Mar 6, 2026, 05:26 PM

Mar 6

lame54

(39,632 posts)

3. My fear of The Epstein Files did that

Reply to Qutzupalotl (Reply #1)

Thu Mar 12, 2026, 04:18 PM

Thursday

LetMyPeopleVote

(178,969 posts)

2. MaddowBlog-Trump and his allies pitch a new idea: Maybe higher gas prices aren't 'bad news'

Reply to Miles Archer (Original post)

Thu Mar 12, 2026, 04:16 PM

Thursday

We’ve reached the point at which the president wants consumers to be glad they’re paying more at the pump.

Trump, in late October: â€œWith the Democrats, youâ€™ll be paying , , and a Gallon.â€

Trump, today, as gas prices approach the levels he warned about five months ago: â€œWhen oil prices go up, we make a lot of money.â€

If Dems are lucky, the White House will keep pushing this line.
— Steve Benen (@stevebenen.com) 2026-03-12T16:48:06.117Z

https://www.ms.now/rachel-maddow-show/maddowblog/trump-and-his-allies-pitch-a-new-idea-maybe-higher-gas-prices-arent-bad-news

It was against this backdrop that the Republican president rolled out a very different kind of message on Thursday morning. Just 17 weeks after he wrote, “Under President Trump, ME, Gasoline will come down to approximately $2 a Gallon,” Trump tried selling Americans on the opposite message.

“The United States is the largest Oil Producer in the World, by far, so when oil prices go up, we make a lot of money,” Trump wrote.

Yes, we’ve reached the point at which the president wants consumers to be glad they’re paying more at the pump.

As a substantive matter, the problem with Trump’s claim is that the word “we” was doing a lot of work in his sentence. It’s true that the United States is producing a lot of oil, and it’s also true that higher prices help generate oil industry profits. But since the number of Americans who benefit from oil industry profits is very small, few will likely celebrate the hit to their wallets.

Complicating matters, Trump isn’t alone on this. Kelly Loeffler, head of the Small Business Administration, downplayed the importance of rising gas prices in a podcast interview this week. And on Thursday morning, Energy Secretary Chris Wright appeared on Fox News and pushed a line that was eerily similar to the president’s: “Fortunately, the United States, we produce more oil than we can consume; we’re a net oil exporter. So overall for the U.S. economy, this isn’t bad news.”

This is a message that Republicans will continue to embrace in the coming weeks and months if Democrats are extremely lucky.

LetMyPeopleVote

(178,969 posts)

4. Trump's oil boast has cringing industry execs running for cover: report

Reply to Miles Archer (Original post)

Fri Mar 13, 2026, 07:21 PM

Friday

The only entities making money due to higher oil and gas prices are the US oil companies. Regular people are NOT benefiting from higher oil and gas prices. trump's attempt to spin the benefits of higher gas and oil prices are pissing off the oil companies who really do NOT want US consumers to focus on the fact that they are paying for these oil companies' excess profits and earnings.

Trump's boastful Truth Social post about oil industry profits has created an embarrassing moment for energy executives who desperately want those windfall gains to remain out of public view.
— Raw Story (@rawstory.com) 2026-03-13T20:36:06Z

https://www.rawstory.com/trump-oil-2676098825/

Trump's boastful Truth Social post about oil industry profits has created an embarrassing moment for energy executives who desperately want those windfall gains to remain out of public view.

As crude oil prices settled around $95 per barrel—far above the industry's preferred $60 threshold—Trump declared on Truth Social: "The United States is the largest Oil Producer in the World, by far, so when oil prices go up, we make a lot of money."

The post crystallizes an uncomfortable reality for oil companies: they are profiting handsomely from war-driven price spikes while consumers face soaring gas prices at the pump. Since the Iran war began, crude prices have surged nearly $30 per barrel or more. Oil executives now face a public relations nightmare.

"The idea that the industry profits from war and death is not one a VP of public relations wants to promote," said Mark Jones, political science fellow at Rice University's Baker Institute.

Industry sources reacted with dismay. "Oh, boy...." one oil executive responded when shown Trump's post.

Trump's statement feeds directly into public perception that oil companies are deliberately gouging consumers. Another industry official, speaking anonymously, acknowledged the damage: "This highlights the complicated relationship the oil industry has with the president. There is also some notion that the oil and gas industry secretly works to raise prices, which is a fundamental misunderstanding of how the industry works."

dalton99a

(93,882 posts)

5. .

Reply to Miles Archer (Original post)

Fri Mar 13, 2026, 07:23 PM

Friday

LetMyPeopleVote

(178,969 posts)

6. trump is claiming that high gas costs are good (only for the oil companies)

Reply to Miles Archer (Original post)

Sat Mar 14, 2026, 08:45 PM

Saturday

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