Your chart clearly shows gas prices were at an average low of $1.93 in April 2020, and when he left office gas was $2.42 when he left in January 2021. My statement of a low of around $1.90 and rising when he left office is correct. Gas prices went down for a while because of low demand from the pandemic. The trend when he left office was clearly up. The fact that it was lower when he left office than when he came into office has nothing to do with the upward trend that started under him, , that has never stopped. tRump also threatened Saudi Araiba that if they didnt cut oil production, he would withhold the weapons they bought, and they have still to this day not ramped up production to pre pandemic levels. Blame tRump for cutting oil production, to increase gas prices.
Why is gasoline over $5.00/gallon? One reason is that Donald Trump brokered a deal with OPEC oil producers in 2020 to
cut production.
Trump Plays Key Role In Brokering Historic Oil Deal
The President 'Showed His Skill At Dealmaking
President Trump played a key role in the
historic agreement between the world’s largest
oil producers that trims global production by nearly 10 percent, according to Energy Secretary Dan Brouillette.
The deal reached by the so-called OPEC+ group, which ends the price war between Saudi Arabia and Russia, reduces global output by 9.7 million barrels per day in May and June, helping to ease a global gut exacerbated by the COVID-19 pandemic.
Production will also be reduced by 8 million bpd from July through December and 6 million bpd from January 2021 through April 2022.
Trump was “personally involved throughout the process” and “showed his skill at dealmaking,” Brouillette told reporters on a Sunday evening conference call.
Trump did not make any specific promises on behalf of U.S. production, according to Brouillette, who noted that Mexico agreed to cut output by 100,000 bpd in May and June and the “reduction of production within the United States will subsume whatever agreement the Mexicans would have been required to agree to under OPEC+.”
Trump said in a Monday morning tweet that "OPEC+ is looking to cut 20 Million Barrels a day.
.
foxbusiness.com /markets/trump-saudi-arabia-russia-opec-oil-deal-role
Republicans are blaming Biden for high gas prices butt the reason is the decreased oil production brokered by Trump.
Joe Biden is planning a visit to Saudi Arabia to encourage OPEC to produce more oil. This will reduce the price of oil and, therefore, gasoline prices will go down if they agree to increase production.
