Tag: gas prices
Trump in Georgia

'I Don't Give A Damn': Trump Keeps Telling Us Why He Loves High Gas Prices

It is absolutely remarkable how bad President Donald Trump is this campaign cycle.

Here we are, in an election defined by voter discontent with inflation and the high cost of energy, and Trump decides to literally tell everyone that he “doesn’t give a damn” because oil companies are raking in the profits.

Here is the full word salad, transcribed:

The United States oil and gas business is making hundreds of billions of dollars.

So, I said I wonder if I should say this. I’d like a little advice from my two people, my two big monsters, that are going to do so well, they’re going to be the biggest stars in the country in a week.So our country is making hundreds of billions of dollars because of what’s happened in the Middle East, because they’re coming to Texas, and they’re coming to Oklahoma, and they’re coming to Louisiana, and they’re taking that oil.

They’re making hundreds of billions of dollars, our country is, on oil. And then on top of that, we have Venezuela and we have Greenland, because Greenland has a lot of oil.

So we’re making hundreds and hundreds of billions—trillions—of dollars.

But my people said, please don’t mention that sir, because [mocking tone] people are paying a little higher.

That number is going to come way down, but what we’ve done for this country, making money like this country has never made before.

So I said, let me say it very gingerly, very softly, because someone would say, “he’s bragging about making money while people are suffering!” Because you are still paying lower than Biden and Obama, and they don’t have nuclear weapons. But they’re going to be coming, no I can just see the fake headlines, “President Trump is bragging about all the money they’re making money while people are suffering,” that’ll be the headline, but I said I don’t give a damn I’m going to say it, we’re making a freakin’ fortune, our country is getting stronger and stronger all the time.

First of all, who are the two “big monsters” who will be the biggest stars in the country in a week? What the hell is that all about? I’m serious, does anyone know what he’s talking about?

But that’s not the headline here, of course.

It’s amazing that Trump realizes that he’s engaging in political malpractice here, against his advisers’ advice, literally mocking people struggling to pay for gas, and he still can’t help himself.

It is true that his buddies in the oil and gas industry are raking in billions. But that’s not “the country.” That’s a specific industry, and one that is gouging American consumers after promising that “drill, baby, drill” would lower prices by making the United States energy independent. Few if any people in that audience are benefiting from those billions.

But he doesn’t give a damn.

If that’s not one hell of a closing argument, I don’t know what is.

So add it to such Trump classics as:

“I don’t think about Americans’ financial situation. I don’t think about anybody.”

“I don’t want to drive housing prices down. I want to drive housing prices up.”

“You know what I really love? I love the inflation.”

He keeps telling us what he thinks of the American people, including his supporters. It’s a wonder that any remain.

Markos Moulitsas is founder and editor of the blogging website Daily Kos and author of three books.

Reprinted with permission from Daily Kos

Laura Ingraham Claims To Have Opposed Iran War 'From Day One' (She's Lying)

Laura Ingraham Claims To Have Opposed Iran War 'From Day One' (She's Lying)

Fox News’ Laura Ingraham said on her September 21 show that she opposed President Donald Trump’s war on Iran, a position that would almost certainly come as a surprise to her viewers. Those who had watched her show in early March, as the Trump administration launched its war against Iran alongside Israel, heard something very different.

“I've not been for the war in Iran,” Ingraham said. “I'm not happy with high gas prices — I see a lot of other good trends, but I'm not happy with those at all.” She added that she’d been opposed to it “from day one."

Ingraham’s revisionist history is self-serving, as public opinion about the U.S.-Israeli war on Iran sinks and the MAGA movement lurches toward whatever form it may take after Trump is no longer sitting in the Oval Office.

It is true that prior to Trump launching the war on February 28, Ingraham was mildly skeptical of it by Fox News standards.

On January 12, Ingraham said, “We know that America does not have the best track record when it comes to regime change in the Middle East, so that can’t really be the goal here."

During an interview with Sen. Tom Cotton (R-AR) on January 14, she said about a war in Iran: “How does that help the average American who is still struggling to pay some bills?”

On the eve of the war on February 27, Ingraham worried about the possible spike in “energy prices, which could be affected if we get into some really protracted engagement in Iran."

Ingraham gets on board with the Iran war

None of that is a full-throated denunciation, of course, but it does evince some small degree of reluctance.

Within days, Ingraham’s weathervane had caught the breeze and her tone was markedly more hawkish. Her March 2 show was a full endorsement of Trump’s war of aggression.

“Only a few days into military strikes, none of the major objections to this action withstand serious scrutiny,” Ingraham said.

This is not a “pointless war,” she said, adding: “Trump has given us no indication that he is going to betray his supporters by asking them to make unnecessary sacrifices.”

Her guest and Trump daughter-in-law Lara Trump falsely claimed that Iran was “very clearly on the path to making another nuclear weapon,” and Ingraham fueled baseless and Islamophobic speculation “about sleeper cells in the U.S.”

On March 5, Ingraham declared: “Trump has already won in Iran.”

On March 25, she cautioned that the conflict with Iran could be creating “a series of cascading problems for the region, including maybe outside the region — political problems for the president in a midterm election year.” Later in the episode, she warned that voters are “very impatient for victory,” and polling suggests “the American people are sending a message to President Trump that it's time to put the focus back on the home front.”

But by March 31, Ingraham had fully reverted to the Fox News neocon mean.

“Why are people calling this a quagmire after a month?” she wondered. “Trump is taking some big risks. But, with big risks come great rewards. Eliminating the Iranian threat is a gift to future generations.”

Ingraham has not been the loudest voice at Fox News in favor of the Iran war. But to claim she has opposed it “from day one” is a self-serving fantasy.

Reprinted with permission from Media Matters

Ashley Hinson and Trump

Iowa Republicans Now Fleeing From Trump To Save Themselves In Midterm

Staring down an electoral wipeout, members of Iowa’s all-Republican congressional delegation are desperately trying to distance themselves from President Donald Trump.

On Monday, Rep. Ashley Hinson—the GOP nominee for Iowa’s open U.S. Senate seat—called for an “immediate end” to the war, which she blamed for the skyrocketing diesel prices that are hurting Iowa’s farmers.

“Iowans are being squeezed and shouldn’t have to foot the bill at the pump or the checkout line for the war in Iran,” Hinson wrote in a post on X, saying that aside from ending the war, Congress should suspend the gas tax, ban diesel exports, and create a “diesel relief program to help our farmers and truckers being crushed by the high costs.”

She added, “I am working every day to deliver bipartisan results for Iowans and I will work with anyone who is ready to tackle this challenge immediately.”

Of course, Hinson has voted four times against ending Trump’s war, including a vote just last week against a war powers resolution. So her attempt to paint herself as a bipartisan warrior who wants this war to end is face-saving bullshit, which her Democratic opponent Josh Turek has pointed out.

“[I]t’s easy to send a tweet but when you had the chance to vote to end this war, you chose not to. You voted seven times to continue it, including just last week,” Turek wrote in a post on X, addressing Hinson. “It’s time to actually end the forever wars and put Iowa and Iowans first.”

What’s more, Hinson calling for a relief program for farmers and truckers is the kind of government welfare she and other Republicans typically condemn.

Meanwhile, two of Hinson’s Republican House colleagues from Iowa—Reps. Mariannette Miller-Meeks and Zach Nunn—voted for the war powers resolution for the first time last week, a sign that they, too, believe the conflict is hindering their reelection bids. Nunn and Miller-Meeks are in toss-up races this fall, even though Trump carried both of their seats in 2024.

Like Hinson, both Miller-Meeks and Nunn called for the same policy changes to try to bring down the cost of fuel.

“We must immediately suspend the federal and state gas tax, sell American diesel to Americans first, and get relief to the farmers and truckers who cannot wait,” Miller-Meeks wrote in a post on X. “Then we fix the cause by drilling more here, selling E15 year-round, and ending the open-ended war. Last week I voted with Republicans and Democrats to do exactly that.”

“We have to bring down the price of diesel,” Nunn also wrote in a post on X. “My plan: Sell American energy to Americans first. Pass my Iowa-led biofuel bill = bring down gas 50 cents. Hold Big Oil accountable for gouging.”

The fact that Iowa Republicans are trying to distance themselves from Trump and his war is a telling sign of how badly things are going for the GOP six weeks out from Election Day.

A Marist poll released on Tuesday found Hinson trailing Turek in the Senate race by a stunning eight percentage points. The poll showed that a whopping 13 percent of Republican voters plan to defect and vote for Turek.

As for the lawmakers’ ideas to lower fuel prices, none of this would happen until after the election anyway. Republicans fled Washington, D.C., early to campaign.

On top of that, experts say their ideas are unlikely to work—and may even cause more harm than good.

“U.S. diesel prices are determined not by a U.S. supply and demand balance, but a global one,” gas prices expert Patrick De Haan wrote in a post on X. “Keeping distillates and diesel home does not change the world price that reference our prices. You can’t fence off a globally traded commodity by executive order and expect the global price to stop applying to it.”

De Haan added that an export ban could backfire, causing countries that purchase diesel fuel from the U.S. to go elsewhere permanently and actually cause refinery closures.

“The U.S. spent years becoming the world’s backstop for diesel supply. Telling every buyer from South America to Europe that American supply is politically conditional pushes them to diversify away from U.S. refineries and U.S. supplies, softening long-term demand for U.S. product and foregoing political leverage,” De Haan wrote. “This will be painful if this trend continues.”

At the end of the day, Hinson, Nunn, and Miller-Meeks are just as responsible as Trump for the war and its consequences. For months, all three Iowa lawmakers refused to use their constitutionally granted powers to stop the president. And now that the war has spiraled out of control, they’re throwing out bad ideas in a last-ditch effort to try to fix the damage they helped create.

Reprinted with permission from Daily Kos


Average Gas Prices Were Slightly Higher Under Biden, But Trump Is Closing In Fast!

Average Gas Prices Were Slightly Higher Under Biden, But Trump Is Closing In Fast!

As I’ve come to realize in the last five years, people take the price of gas very seriously. It features very prominently in their assessment of the economy and their personal finances. For that reason, it is worth taking a quick look at what has happened to gas prices under Donald Trump and his predecessor, Joe Biden.

When Biden came into office, in January of 2021, gas was very cheap, selling for just under $2.40 a gallon. That was primarily because the economy was still feeling the effects of the pandemic. Unemployment was 6.4 percent, and we were down six million jobs from the pre-pandemic period.

The price rose quickly as the U.S. and world economy recovered, reaching $3.40 by February of 2022. Part of the reason for the rapid rise was that oil that had been taken out of production could not be instantly restarted once demand increased. Removing oil from production during the pandemic was a political decision taken in part by Donald Trump, in order to prevent oil producers from taking large losses.

Prices rose much further when Russia invaded Ukraine in February, and Biden responded by putting sanctions on Russian oil. The price peaked at over $5 a gallon in June but then fell back quickly as more oil came online. By the end of 2022, it had fallen to around $3.20 a gallon. It hovered around this level until Biden left office.

In January of 2025, when Donald Trump took office, the price was around $3.10 a gallon. It stayed around this level through most of the year, falling somewhat below $3.00 in December and bottoming out at $2.80 in January of 2026.

Then the decision to attack Iran sent gas prices soaring. They hit $4.00 a gallon by the end of March and peaked at over $4.50 a gallon in early May. Since then, they have bounced around in response to reports of peace agreements and new threats but have mostly been near $4.00 a gallon. (They are $4.08 today.)

Taking the averages to date, prices are still somewhat lower under Trump than under Biden: an average of $3.35 a gallon under Trump compared to $3.46 in the four years of the Biden administration.

However, this gap is being whittled away with gas over $4.00 a gallon due to the largely closed Strait of Hormuz. If gas prices are not brought down, Trump will soon be able to boast of having higher gas prices on average than Joe Biden.

Dean Baker is a senior economist at the Center for Economic and Policy Research and the author of the 2016 book Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer. Please consider subscribing to his Substack.


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