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Trump Concedes for First Time Gasoline Prices May Stay Elevated Ahead of US Midterm Elections in Nov
US President Donald Trump conceded that oil and gasoline prices may remain elevated ahead of the US midterm elections in November, noting that they could be the same, or maybe a li...
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Trump Concedes for First Time Gasoline Prices May Stay Elevated Ahead of US Midterm Elections in Nov
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US President Donald Trump conceded that oil and gasoline prices may remain elevated ahead of the US midterm elections in November, noting that they could be the same, or maybe a little bit higher, but it should be around the same. Prior to these remarks, Trump had for several weeks claimed that the surge in prices was only temporary.

The average price of regular gasoline at US gas stations in April has been above USD4 per gallon for most of the time, while in February the average US gasoline price hovered below USD3 per gallon and had not exceeded USD3.25 per gallon over the past year, according to data from GasBuddy.

Related NewsPersonal Income MoM for Apr in United States is 0%, lower than the previous value of 0.6%. The forecast was 0.4%.

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