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AOC warns of gas ‘price gouge’ under potential Trump presidency

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Congresswoman Alexandria Ocasio-CortezThe New York Democrat slammed former President Donald Trump, claiming that if re-elected he would allow foreign energy producers to “gouge prices.”

Ocasio-Cortez, in an interview with Spectrum News NY1 on Thursday, reacted to a Trump rally planned for near her district and the messaging the former president may use to appeal to working-class neighborhoods.

“I think we’re going to have a lot of people from out of town,” the Democratic representative said, “and we have a big, diverse city, so we’re sure we’ll have people who are going to come and help out.”

White House releases 1 million barrels of gasoline to try to lower prices

Rep. Alexandria Ocasio-Cortez warned that former President Trump would raise gasoline prices by allowing foreign energy producers to “gouge” prices. (Left: REUTERS/Brian Snyder, Right: REUTERS/Sarah Silbiger)

Ocasio-Cortez then shifted the topic to gasoline prices, warning voters that Trump would raise prices by allowing foreign energy producers to “gouge” prices.

“But on the economic front, we just saw the former president meet with oil company executives last week and say, ‘Give me a billion dollars and I’ll make sure that we have policies that favor higher gasoline prices and ensure that a lot of companies continue to gouge prices without proper oversight and regulation,'” Ocasio-Cortez said.

“So I think the idea that we’re going to lower prices when we’re making money from the same people who are raising prices is a little bit questionable,” she added.

Los Angeles Gas Prices

Despite high gas prices at gas stations in Sherman Oaks, 2.9 million people plan to drive to Los Angeles, California for Memorial Weekend holiday travel on Wednesday, May 22, 2024. (Brian van der Burg/Los Angeles Times via Getty Images)

Surprising prices at gas stations

AOC’s words of warning came after AAA’s announcement last week. Gasoline prices That’s more than 50% higher than when Biden took office.

The national average price of a gallon of gasoline has risen to about $3.62, up from $2.39 on Jan. 20, 2021, when the president was sworn in. Some gasoline prices in 2022, one year after Biden took office, are double what they were when he took office. The highest-ever average price for unleaded gasoline in the U.S. was $5.016 per gallon on June 14, 2022, according to AAA.

Nationwide, gas prices are currently around $3.62 a gallon. AAA Statistics.

FOX News Poll: Rising prices affect summer travel plans

More than eight in 10 voters (84%) say gas prices are a problem for their family, according to the latest Fox News poll.

Of those, almost half (49%) say it’s a “major” issue — the same as last year (49% said it was a major issue), but down from 67% who said the same in 2022.

Those most likely to feel pain at the gas pump are Republicans (92% say it’s a problem), Hispanic voters, rural voters, voters under 30, women (88% each), and independents (85%). Democrats and voters over 65 (76% each) are less likely to say gas prices are a problem.

Gas Prices in Miami, Florida

Prices are displayed on a gas pump at a Shell gas station in Miami, Florida, May 15, 2024. (Joe Raedl/Getty Images)

Inflation is 40-year high Gasoline prices rose 9.1% in June 2022, but are still trending upward after rising 3.5% year-over-year in March, according to the Bureau of Labor Statistics. The national average price for a gallon of gasoline has also fallen from a peak of more than $5 in June 2022, but has been rising steadily since March, according to AAA.

Conservative group teams up with gas stations to highlight ‘Biden’s war on US energy’: Here’s how

The White House’s announcement on Tuesday that more than 1 million barrels of gasoline would be released from the Northeast Gasoline Supply Reserve should soften the blow to higher prices at the pump.

“The Biden-Harris Administration is committed to lowering gasoline prices for American families, especially as drivers hit the road for the summer driving season,” Energy Secretary Jennifer Granholm said in a statement.

Gas Prices in Chicago, Illinois

A sign displaying gasoline prices is displayed at a gas station in Chicago, Illinois, May 21, 2024. President Joe Biden says he will release 1 million barrels of gasoline from the Strategic Reserve to lower prices ahead of the Fourth of July holiday and the summer driving season. (Scott Olson/Getty Images)

Oil is pumped from storage facilities. New Jersey And in Maine, they released 100,000 barrels at once.

Officials say the phased launch will ensure competitive pricing and efficient delivery to retailers ahead of the summer holiday season.

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Fox News Digital has reached out to Rep. Ocasio-Cortez and the Trump campaign for comment.

Fox News Digital’s Megan Myers and Timothy Nerozzi contributed to this report.

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