TRUMP ON GAS PRICES: Americans Should Expect to Pay More ‘For a Little While’

gas prices trump image 1200x810

(Reuters) – U.S. President Donald Trump told reporters that Americans should expect to pay higher gas prices “for a little while.”


Get the Latest US Focused Energy News Delivered to You! It’s FREE:


  • Energy prices have risen around the world since ​the start of the Iran war in late ​February.
  • Trump was asked if Americans “should anticipate spending more ⁠on gasoline for the foreseeable future.”
  • “For a ​little while,” Trump responded.
  • The U.S. and Israel attacked ​Iran on February 28. Iran responded with its own strikes on Israel and Gulf states with U.S. bases. U.S.-Israeli strikes ​on Iran and Israeli attacks in Lebanon ​have killed thousands and displaced millions.
  • A fragile ceasefire in the Iran ‌war ⁠began over two weeks ago.
  • The rise in gas prices caused by the war has created a dilemma for Trump’s Republican Party, which currently holds a majority in both ​chambers of ​Congress, ahead ⁠of November’s midterm elections.
  • Trump has said gas prices may stay high until ​November but has sought to brush off ​concerns.
  • The ⁠Iran war has brought traffic through the Strait of Hormuz, a chokepoint for about 20% of global ⁠oil ​and liquefied natural gas shipments, ​close to a standstill.

Reporting by Trevor Hunnicutt and Kanishka Singh ​in Washington; Editing by David Ljunggren and Nia Williams

Share This:


More News Articles

 

  • Related Posts

    “Time for Action”: Kimmeridge Releases Letter to the Future Board of Devon Energy

    NEW YORK, April 28, 2026 /PRNewswire/ — Kimmeridge, a private investment firm focused on the energy sector, today released an open letter to the future Board of Devon Energy ahead…

    Chevron Likely to Close Deal for Singapore Refinery stake sale to Eneos in May, Sources Say

    (Reuters) – Chevron  is likely to close a deal for the sale of its 50% stake in ​Singapore Refining and other regional assets to Japan’s top refiner ‌Eneos  in May, two…

    Have You Seen?

    USA Oil, Gas Workforce Shrinks in 7 of Last 10 Years

    • April 28, 2026
    USA Oil, Gas Workforce Shrinks in 7 of Last 10 Years

    Kawasaki awards hydrogen pump contract for Japan LH2 terminal

    • April 28, 2026
    Kawasaki awards hydrogen pump contract for Japan LH2 terminal

    DNV selected to approve UK CO2 transport network project

    • April 28, 2026
    DNV selected to approve UK CO2 transport network project

    TRUMP ON GAS PRICES: Americans Should Expect to Pay More ‘For a Little While’

    • April 28, 2026
    TRUMP ON GAS PRICES: Americans Should Expect to Pay More ‘For a Little While’

    “Time for Action”: Kimmeridge Releases Letter to the Future Board of Devon Energy

    • April 28, 2026
    “Time for Action”: Kimmeridge Releases Letter to the Future Board of Devon Energy

    LNG impacts from UAE leaving Opec and scale of Gulf supply shock revealed

    • April 28, 2026
    LNG impacts from UAE leaving Opec and scale of Gulf supply shock revealed

    BP Profit More Than Doubles as War-Driven Oil Trading Surges

    • April 28, 2026
    BP Profit More Than Doubles as War-Driven Oil Trading Surges

    Brent Tops $111 as Analysts Raise Forecasts on Hormuz Stalemate

    • April 28, 2026
    Brent Tops $111 as Analysts Raise Forecasts on Hormuz Stalemate

    Eni and Repsol Bet Big on Post-Maduro Venezuela

    • April 28, 2026
    Eni and Repsol Bet Big on Post-Maduro Venezuela

    Iranian Tankers Pile Up Outside Hormuz as U.S. Blockade Tightens

    • April 28, 2026
    Iranian Tankers Pile Up Outside Hormuz as U.S. Blockade Tightens