Donald Trump has a gas problem
Labor Day 2026 was the most expensive Labor Day at the pump in American history, with US gas prices averaging $4.15 a gallon.
Donald Trump took the occasion to reiterate his “below $2” promise that he’s repeated for two years.
This time, unlike in 2024 and many times over the past two years, he’s made his promise contingent on winning the war in Iran.
Trump posted his new forecast on Monday: “Three Dollars a gallon, but ultimately, below Two Dollars a gallon,” which has the same target that he has failed to achieve since 2024.
In reality, Americans are paying record prices for gasoline this week above $4, breaking even higher than a 2012 Labor Day crisis of $3.82.
From campaign rallies to his State of the Union address to posts to Truth Social, Trump has repeatedly promised cheaper gasoline. For two years, numbers on the pump have moved the other way.
Donald Trump promised $2 a gallon gasoline to win votes
By late 2024, the $2 a gallon promise was already a Trump campaign trail catchphrase.
On August 19, 2024, Trump told rally attendees that gasoline would “drop by more than 50% within the first 12 months” of his presidency. It hasn’t.
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