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Fact check: Breaking down Trump’s rosy comparison to gas prices under Biden

Trying to put a happy spin on the high gas prices that are causing Republicans major problems in the midterm election campaign, President Donald Trump told his supporters at an Ohio rally on Monday to remember something.

CNNDaniel Dale查看原文 ↗
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Trying to put a happy spin on the high gas prices that are causing Republicans major problems in the midterm election campaign, President Donald Trump told his supporters at an Ohio rally on Monday to remember something.

“Remember, your prices – your gas prices – are lower than when Biden was president,” Trump said. “And he didn’t do anything about Iran.”

We’ll leave aside his claim about Iran. His claim about gas prices, which he has repeated multiple times in the last month, is only true about a small fraction of Joe Biden’s presidency.

The national average gas price on Monday was about $4.36 per gallon, according to AAA . The national average was higher than that on only 76 of Biden’s 1,460 full days as president. In other words, average US gas prices were lower during about 95% of Biden’s presidency than they were on Monday.

The national average on the day Trump returned to office, January 20, 2025, was about $3.12 per gallon. The national averages on both Monday and Tuesday, when it was about $4.34 per gallon, were about 39% higher than that.

You have to go all the way back to 2022 to find any of the 76 days under Biden in which the national average exceeded its Monday level or any of the 77 days in which it exceeded its Tuesday level. All of them occurred in May, June or July of 2022, after Russia’s full-scale invasion of Ukraine in February of that year sent gas prices spiking around the world .

Trump could have accurately pointed out that the peak national average under Biden, about $5.02 per gallon on June 14, 2022, was considerably higher than this week’s averages. But the last time under Biden that the national average exceeded even Tuesday’s level was July 25, 2022 – almost exactly two-and-a-half years before Trump returned to office. And, of course, Biden could accurately note that the peak during his tenure was caused largely by a foreign war he opposed, while the peak under Trump came largely because of a war he chose to start.

Brandon Bell/Getty Images

Trump has made his claims that “our gasoline prices are lower than Biden” about the US as a whole, not just the state he was speaking from on Monday, but the story is similar if you look at Ohio in particular. The state average gas price was lower during about 90% of Biden’s term than it was on Monday (about $3.87 per gallon) or Tuesday (about $3.85 per gallon); the Monday and Tuesday figures were about 25% higher and about 24% higher than the state average on Trump’s inauguration day, about $3.10. The last time under Biden that the Ohio average was higher than its Tuesday level was November 8, 2022, more than 26 full months before Trump returned to office.

Trump tried similar spin about gas prices in June of this year, when the national average was about $4.16 per gallon. He has returned to it regularly as the November 3 midterms have approached.

“Well, they’re actually lower than Biden, and he didn’t get rid of a nuclear weapon from Iran,” he said – though there is no indication Iran actually had a nuclear weapon – in an Ohio television interview on October 3. “Think of it, gasoline’s lower than it was with Biden, and we knocked the hell out of a country that was gonna try and kill us, probably,” he said in a Texas speech on October 1. “Having stopped Iran from having a nuclear weapon,” he said , questionably, at the White House on September 30, “our gasoline prices are lower than Biden.”

In the Monday speech in Ohio, Trump also reprised another favorite campaign line about inflation – a lie that, aside from oil and gas prices, “your other prices have all come down” since Biden’s presidency. This is not even close to true.

Average consumer prices were up a seasonally adjusted 4.8% between January 2025 and August 2026, the most recent available Consumer Price Index figures show, and far more items had gotten more expensive since Trump returned to office than had gotten cheaper. Categories with increases included food (up 4.4%), shelter (up 5%), medical care services (up 5.3%) and apparel (up 4.6%).

You can check for yourself in this searchable graphic. The September 2026 figures will be released Wednesday morning.

CNN’s Matt Stiles contributed to this article.

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