Gas Prices Compared Under Biden and Trump

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Gas prices have once again become a major political talking point, with critics and supporters of both parties comparing average fuel costs during the presidencies of Joe Biden and Donald Trump. Recent graphics show average gas prices around $5.16 per gallon during parts of the Biden administration compared with approximately $3.47 per gallon during Trump's presidency.

Why it matters

The comparison reflects broader debates about energy policy, inflation, and global economic conditions that influence fuel prices in the United States. The issue remains politically charged as both parties use fuel costs as an argument for their respective energy policies.

The details

Gas prices surged in 2021 and 2022 as global demand rebounded following the COVID-19 pandemic, combined with supply chain disruptions and geopolitical tensions, including Russia's invasion of Ukraine. Those factors pushed prices above $5 per gallon in some parts of the country at their peak. During Trump's presidency, gas prices were generally lower, particularly in 2020 when pandemic lockdowns caused a historic drop in demand for oil and gasoline. Energy experts note that presidents have limited direct control over gas prices, which are largely determined by global oil markets, refinery capacity, and international supply and demand. However, federal policies on drilling, energy production, and environmental regulations can influence the broader market over time.

• During Trump's presidency, gas prices were generally lower, particularly in 2020.
• Gas prices surged in 2021 and 2022.