GasBuddy, a company that tracks fuel costs across the country, is refuting President Trump’s claims in a Friday morning social media post touting record low prices at the pump.
“Gasoline just broke $1.98 a Gallon, lowest in years, groceries (and eggs!) down, energy down, mortgage rates down, employment strong, and much more good news, as Billions of Dollars pour in from Tariffs,” the president wrote on his Truth Social platform.
However, GasBuddy said it could not locate any fuel stations with those prices.
“We don’t have any data showing any individual stations below $2 a gallon today nor have we really seen any of that in the last several weeks since these claims have started,” Patrick De Haan, head of petroleum analysis at GasBuddy, said in a statement to NewsNation.
The lowest price in the nation as of Friday was in Mississippi at $2.63 per gallon, according to the company’s data tracker. The national average is $3.18 as of Friday, according to AAA, with no prices listed at less than $2.61.
Economists predicted Trump’s tariffs would spike gasoline rates in early March before “reciprocal” tariffs and other measures were announced by the administration, many of which have been suspended for now.
The U.S. imports more oil from Canada than any other country, meaning Trump’s relationship with new Prime Minister Mark Carney could impact future gas prices — especially in regions that rely heavily on Canadian gas, such as the Midwest, the Rocky Mountains and New England.
In January, Trump signed an executive order seeking to boost domestic energy and offshore drilling by exploring promising pockets of federal land.
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