Harris Blames Trump for $4 Gas as Trump Dismisses Energy Secretary’s Opinion


Former Vice President Kamala Harris has harshly criticized Donald Trump and blamed his foreign policy decisions for the recent rise in gas prices linked to geopolitics. He called the situation a “war of choice” and argued that it directly affected ordinary Americans.

Speaking outside a gas station in Charlotte, N.C., Harris highlighted the immediate financial burden on consumers. “Every time you fill up a tank of gas, it’s $15 more,” Harris said in a video shared on social platform X.

Rising fuel costs affect the economy

Kamala Harris
Photo taken by: jhansen2

Harris warned that higher fuel prices go beyond gas stations and are reflected in broader consumer costs. Fluctuation in fuel prices will also “reflect in how much you pay for all the goods that are transported on these semis,” he said.

Harris also accused Trump of prioritizing political concerns over economic relief. “We have a president who pays more attention to what he thinks is in his political interest and personal interest as opposed to what is in the best interest of working people in America,” he said.

Gasoline prices remain below 2022 peaks under Biden-Harris administration

Joe Biden
Photo: thenews2.com

While prices are high, they remain below record levels seen in June 2022, when the national average exceeded $5 per gallon. The earlier rise during Joe Biden’s presidency was also driven by global supply shocks, highlighting how geopolitical conflicts affect prices across administrations.

Gas prices remain high despite slight declines

Handsome bearded man refueling car and looking at the scoreboard while standing at self-service gas station high quality photo
Photo: StudioS113

According to AAA, the national average for a gallon of gasoline has been hovering around $4.04 to $4.09 in recent days; This reflects a modest decline but still high levels compared to historical norms.

One of the main drivers of the price increase was disruptions to the critical global oil shipping route, which carries approximately 20 percent of the world’s oil.

Uncertainty regarding oil prices continues

GasBuddy Mobile App
Photo: dennizn

Oil prices have retreated slightly from recent highs, but volatility remains.

GasBuddy head of oil analysis Patrick De Haan warned drivers should “prepare for a new round of price increases”, noting ongoing risks to global supply chains.

Latest data shows small declines in both gasoline and diesel prices, but analysts say these changes may be temporary as markets react to changing geopolitical developments.

Trump rejects Energy Secretary’s perspective on prolonged high prices

Donald Trump
Photo: thenews2.com

Trump on Monday took issue with comments from Chris Wright who suggested gas prices could remain above $3 per gallon through 2027.

“No, I think he’s wrong about that. He’s dead wrong,” Trump said in a phone call, disputing the timeline offered by his own energy chief.

Pressing at a time when Americans could expect relief, Trump directly tied low gas prices to an end to the conflict. “As soon as this is over,” he said, signaling confidence that a solution would quickly reduce costs.

Mixed signals from administration on timing of aid

Woman Shocked by Gasoline Prices
lisafx’s photo

Speaking to CNN, Wright told CNN that gas prices have “probably peaked” but warned that meaningful relief could take time. “I don’t know, it might be late this year, it might not be until next year,” he said, acknowledging that prices would fall once the conflict is resolved.

Treasury Secretary Scott Bessent offered a more optimistic forecast, saying prices could drop to $3 a gallon between the end of June and September if key shipping routes reopen.

Political pressure mounts ahead of midterm elections

voting picture
Photo: steveheap

The rise in energy prices is becoming a central political issue ahead of midterm elections in November. While Trump and Republicans face pressure after promising to cut costs, Democrats, including Harris, are highlighting affordability concerns.

Recent polls have increased the pressure, with Trump’s approval rating falling to 32%, according to an NBC News Decision Desk poll. Trump dismissed the results as “rigged” and wrote that “90% of what he said was lies and made-up stories.”

With no clear end to the conflict, the course of gas prices remains uncertain. Analysts say any sustained decline will depend largely on whether global oil flows can be fully restored.

Did you enjoy the Financial Freedom Countdown content? Be sure to follow us!

14 essential strategies to maximize your Social Security and avoid costly mistakes

Social Security benefits
photo by zimmytws

Social Security is a vital lifeline for many seniors, providing significant income support during retirement. At a time when inflation is at its highest level in four decades, Social Security’s inflation-adjusted benefits provide protection against rising costs.

Rising interest rates have disrupted many retirement portfolios and caused bond fund values ​​to decline. In this volatile financial environment, Social Security can stabilize a typical stock-bond retirement portfolio. By implementing smart strategies, retirees can maximize their Social Security benefits and ensure a more secure financial future.

14 Essential Strategies to Maximize Your Social Security and Avoid Costly Mistakes

11 reasons to claim Social Security early

Social security benefits
Photo: gunnar3000

Deciding when to claim Social Security is often about maximizing your benefits. Financial planners generally recommend delaying your request for as long as possible to secure the highest monthly payment. Your benefit is based on your lifetime earnings, with full payout available at your full retirement age (FRA); this age is currently between 66 and 67 years old, depending on your year of birth. Claiming before FRA will result in a permanent decrease in your monthly earnings, while waiting after FRA will result in a permanent increase. But the decision isn’t just about maximizing the monthly check. Personal factors such as health, family circumstances and financial needs can play an important role in determining the right time to make a claim.

11 Reasons to Apply for Social Security Early

Please take a moment to follow and share

Financial Freedom Countdown
Financial Freedom Countdown

Did you find this article helpful? We’d love to hear your thoughts! Leave a comment and share your thoughts in the box on the left side of the screen.

Also, would you like to be informed about our latest content?

1. Follow us by clicking the (+Follow) button above,

2. Give a Like to the article in the upper left corner of the screen.

3. And finally, if you think this information would benefit your friends and family, feel free to share it with them!





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *