Trump says gas prices could be same or 'a little bit higher' before midterms [View all]
Source: USA Today
President Donald Trump said the price of oil and gas could remain elevated before the midterm elections in November, hours after in-person peace talks between between U.S. and Iran failed.
"It could be the same or maybe a little bit higher, but it should be around the same," Trump told Fox News’ "Sunday Morning Futures" host Maria Bartiromo in an interview on April 12.
The comment came on heels of a record 21.2% spike in gasoline prices, which marked the largest monthly increase in recorded history, according to a report released by the Bureau of Labor Statistics on April 10. Over the year, gas prices were up 18.9%.
The soaring gas prices caused a sharp uptick in inflation, which rose by 3.3% year-over-year in March.
Read more: https://www.yahoo.com/news/articles/trump-says-gas-prices-could-155835479.html
But we'll make lots of money - Lindsey Graham.
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