Former President Joe Biden faced severe criticism from Republicans over rising gas prices, but the ongoing conflict involving Iran and the U.S. is complicating the party’s narrative about affordability.
Since the start of Operation Epic Fury on February 28, American gas prices have surged, averaging an increase of 50 cents per gallon. As of Friday, gas averaged $3.63 per gallon, with diesel prices climbing to $4.89. This spike is attributed to volatile oil prices, which exceeded $100 a barrel for the first time since 2022 due to disruptions in the Strait of Hormuz.
On Truth Social, Trump referred to the rise in gas prices during the conflict as “a very small price to pay.” This remark contrasts sharply with his previous focus on low gas prices before the conflict began.
During his State of the Union address on February 27, Trump had emphasized that gas prices, which had peaked at over $6 under Biden, were now significantly lower in most states, even mentioning prices below $2.30 in some areas.
The increase in gas and diesel prices presents a challenge for Trump and Congressional Republicans as they highlight previous low prices in the lead-up to the midterm elections. For voters, the cost of living is a pressing issue, making affordability a key concern.
In response, Trump ordered the Strategic Petroleum Reserve to release 172 million gallons of crude oil to help stabilize prices. He commented to a Cincinnati news outlet, indicating plans to lower prices further.
Looking ahead to the 2024 presidential campaign, Trump has vowed to end what he calls Biden’s “war on America’s energy” and to reverse the price hikes that occurred during Biden’s administration.
Gas prices during Biden’s term averaged $3.45 per gallon but hit record levels of over $5 in June 2022, largely due to the Russia-Ukraine conflict. At the Republican National Committee convention in July 2024, Trump promised to prioritize lowering prices for American families.
Democrats are not missing the opportunity to criticize the rising prices linked to the ongoing conflict in Iran. Senator Angus King noted that the administration should have reconsidered before engaging in what he deemed an unnecessary conflict. Senate Minority Leader Chuck Schumer asserted that Trump’s actions have led to skyrocketing gas prices.
Despite predictions that the surge in prices will be temporary, some Republicans express concern about its potential impact in the next election cycle. Senator Rand Paul warned that continued high prices could spell trouble for the party.
A recent Reuters/Ipsos poll indicated that nearly 70% of Americans believe gas prices will continue to rise, including 44% of Republicans. President Trump, meanwhile, has issued stark threats against Iran, suggesting severe consequences if oil supplies are further restricted.
