Ledger · Second term · № 274

Renewed gas price promise after prices spiked

Still waiting
“[paraphrase] Gas prices are going to come way down — you're going to see it very soon.”
Promised
, White House remarks on Project 47 energy initiative
Re-promised
3 times with a fresh deadline
Topic
Economy & prices
Era
Second term

What happened

MS NOW noted this was the rare specific, checkable promise Trump almost never makes. Prices went the other way: regular gasoline hit a record $4.15 a gallon over Labor Day weekend 2026, up 30% year over year, and reached $4.29 by mid-September 2026. Trump shifted to framing $3 gas as an acceptable cost of the Iran war. At an Oct. 5, 2026 rally in Grand Island, Nebraska, he called war-driven fuel prices 'artificial' and 'a small price to pay for keeping the world safe,' then said of Iran: 'Let ’em take out Los Angeles, let ’em take out San Diego. This is a very small price to pay.'

Sources

  1. Trump just made the kind of promise he almost never makes MS NOW, Jun 1, 2026
  2. Trump promised $2 gas... Now he says $3 gas is the reward for winning the war with Iran Moneywise, Sep 8, 2026
  3. Trump suggests allowing Iran to “take out” LA and San Diego during campaign rally CBS Los Angeles