Will Americans really pay $500 more for gas this year? It depends.
War-driven price spikes could cost households hundreds more, but the impact varies widely by driver and location
Democrats running for reelection this year say President Donald Trump’s actions are hurting Americans’ wallets, with gasoline prices soaring since the U.S. and Israel attacked Iran.
“At a buck a gallon, every American driver is going to pay $500 more in gasoline prices at the pump this year,” Sen. Edward Markey, D-Mass., said March 20 on CNN.
Gasoline prices rose from an average national price under $3 a gallon before the Feb. 28 attack on Iran to almost $4 per gallon now, according to the GasBuddy gas price app.
Related Knowledge Center: Fact-checking and its detractors
Fact-checking has become a familiar tool for political reporters to hold office-holders and candidates accountable. But critics ask if fact-checkers sometimes miss the forest for the trees, and if the practice often struggles with false equivalency the way conventional political coverage does.