““I think it's largely true because it drove the gasoline up a little bit short term.” — President Donald Trump, remarks to reporters reported by Fox News, Nov. 4, 2026”
The claim: ““I think it's largely true because it drove the gasoline up a little bit short term.” — President Donald Trump, remarks to reporters reported by Fox News, Nov. 4, 2026”
Why we rated it this way: EIA's weekly survey puts the U.S. average for regular gas at $4.153 a gallon for the week of Nov. 2, which is $1.134 higher than a year ago and $1.084 higher than two years ago. EIA's October outlook says September gasoline averaged $4.35, and prices stayed above $4.15 every week through the election, so the rise was neither small nor brief. Trump is right that prices went up and that EIA ties them to higher crude prices, but “a little bit short term” does not match the size or length of the increase.
See the evidenceWhat would change our rating: EIA data showing that the national average had returned to roughly year-earlier levels before Election Day, or that the increase lasted only a few weeks, would move this toward matches record.
Our read
EIA's weekly survey puts the U.S. average for regular gas at $4.153 a gallon for the week of Nov. 2, which is $1.134 higher than a year ago and $1.084 higher than two years ago. EIA's October outlook says September gasoline averaged $4.35, and prices stayed above $4.15 every week through the election, so the rise was neither small nor brief. Trump is right that prices went up and that EIA ties them to higher crude prices, but “a little bit short term” does not match the size or length of the increase.
Broadcast
Picture to come
Nov 4, 2026, 5:40 PM CST
Sources
Script
Narration script. If a face or a voice delivers this, the anchor is synthetic.
Evening Check. Trump says the Iran war drove gas up a little bit, short term. Government data show regular gas at four fifteen a gallon, more than a dollar ten above a year ago, and above four dollars for months. Verdict: contradicted.
Corrections
None on file.