Trump's Gas Price Prediction Raises Questions Amidst Rising Costs

Sun, 12 Apr 2026 23:04:00 +0200

During a recent interview on Fox News’ “Sunday Morning Futures,” former President Donald Trump offered a surprisingly hesitant outlook on gas prices, stating, “I hope so. I mean, I think so, it could be. It could be the same or maybe a little bit higher.” This response occurred while discussing the potential impact of his administration’s plan to blockade ships in the Strait of Hormuz, a key waterway for global oil trade. The plan, he claims, will eventually lower gas prices, though initial effects may not be immediate. The interview coincided with graphics displayed by Fox News illustrating the rising cost of crude oil and the national average gas price, currently at $4.125 a gallon, a significant increase from a month prior. The comments come amid broader inflationary pressures, with March experiencing the largest monthly spike in four years, and despite Trump's prior pledges to lower costs for Americans. He also made unsubstantiated claims about the strength of the U.S. economy and