Fact-check analysisVerified as of July 14, 2025Curated by FactVerify
False

Trump: "The gas has gone to the lowest level in decades. You're seeing $1.99, $1.98, I saw $1.95 at certain states."

There is no credible evidence that gas prices have dropped to $1.99, $1.98, or $1.95 per gallon in any U.S. State recently; the national average remains well above $2.60.

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FactVerify

Source: factverify.com

At a glance

Key Evidence

Verified July 14, 2025
The reporting

What the Evidence Shows

The claim by Trump that gas prices have fallen to as low as $1. 99, $1. 98, or $1.

95 per gallon in certain states is factually incorrect based on current and recent data. Multiple fact-checking organizations and reputable news sources confirm that the national average price of gasoline remains significantly higher than these figures, generally above $3 per gallon, with no states reporting averages below approximately $2. 60.factcheck.orgfactcheck.orgThe Possible Source of Trump's False $2 Gasoline Claim

The likely source of Trump's claim is a misunderstanding or misrepresentation of wholesale gasoline futures prices, which have traded below $1. 98 per gallon but do not reflect retail pump prices paid by consumers.independent.co.ukindependent.co.ukTrump keeps claiming places are selling gas for $1.99. There is no proof to back... Retail prices include taxes, distribution costs, and other factors that keep them well above wholesale futures prices.

Additionally, while crude oil prices have seen some declines since Trump took office, these savings have not fully translated into retail gasoline prices at the levels claimed. Some sources note that gas prices are lower than at certain previous peaks but not at the extremely low levels Trump asserts.

Therefore, the claim is demonstrably false as it misrepresents actual consumer gasoline prices.

Primary trail

Verified Sources4

Fact check: Trump lies again about gas prices, falsely claiming five states are...

cnn.com
Open source

The Possible Source of Trump's False $2 Gasoline Claim

factcheck.org
Open source

Where Trump is likely getting his $1.98 gas price figure

cnbc.com
Open source
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