President Trump has insisted that gas prices are “not very high,” despite an apparent surge in fuel costs since the onset of the Iran war.
| PULSE POINTS |
❓ WHAT HAPPENED: President Donald J. Trump insisted that gas prices are “not very high” during a press briefing on Thursday, despite fuel costs surging since the onset of the Iran war and the closure of the Strait of Hormuz, a key supply route for energy and fertilizer. Overall, gas prices are up 49 percent since the start of 2026, largely due to the Iran conflict. 📺 DETAIL: Gas prices, which were $2.75 per gallon at the beginning of 2026, have risen to an average of $4.093 per gallon, with diesel prices climbing to $5.65 per gallon. A recent two-week ceasefire in the Iran war has led to a minor decrease of seven cents per gallon. Notably, a recent Quinnipiac poll reveals that 65 percent of voters attribute the rise in gas prices to President Trump. 💬 KEY QUOTE: “[Gas prices are] not very high, if you look at what they were supposed to be in order to get rid of a nuclear weapon… The stock market’s up, everything’s doing really well, and the big thing we had to do is make sure that Iran does not have a nuclear weapon.” – President Donald J. Trump 🎯 IMPACT: The spike in gas prices has put financial pressure on many Americans, with many voters expressing dissatisfaction with the administration’s economic performance. Last month, polling found 66 percent of independents—arguably the most critical voting bloc in the U.S.—believe the Trump administration is “focused too little” on domestic matters relative to foreign policy, which could harm the GOP in the upcoming midterm elections. |
Q: How much longer will American continue to see these high gas prices?
TRUMP: Well, they’re not very high
Q: $4 a gallon still
TRUMP: That’s what ABC says, but the stock market is up. Everything is doing really well. pic.twitter.com/yIxHXKqXII
— Aaron Rupar (@atrupar) April 16, 2026
Join Pulse+ to comment below, and receive exclusive e-mail analyses.



