US Gasoline Pump Prices Jump to Highest Level Under Trump
(Bloomberg) -- US gasoline pump prices advanced to the highest level at any time under President Donald Trump, with the conflict in the Middle East disrupting energy supplies.
The average retail price of gasoline rose to $3.32 gallon on Thursday, according to the American Automobile Association. Futures have also rallied 27% this week and are on track for the biggest weekly advance since March 2022.
Trump has frequently touted cheaper gasoline when talking about American energy dominance, but the run up in fuel costs could pose a significant challenge for the US leader and his party at midterm elections later this year. Current prices at the pump are the highest Trump has had to manage in his first or second term.
The Trump administration is attempting to reduce pressure on prices. The Treasury Department eased curbs late Thursday on India’s ability to buy Russian oil.
https://finance.yahoo.com/news/us-gasoline-pump-prices-advance-090253922.html
Per the last paragraph how does that help us?