Your source is questionable at best; writer, journalist, minister. Really?

According to the U.S. Bureau of Labor Statistics, prices for gasoline (all types) are 50.30% higher in 2024 versus 2016 (a $1.69 difference in value).

The current national average price is $3.36 for "Gasoline, unleaded regular, per gallon/3.785 liters". This data is collected by a national survey and can vary from region to region.

Between 2016 and 2024: Gas experienced an average inflation rate of 5.23% per year. This rate of change indicates significant inflation. In other words, gas costing $3.36 in the year 2016 would cost $5.05 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.22% during this same period, inflation for gas was higher.

In the year 2016: Pricing changed by -11.51%, which is significantly below the average yearly change for gas during the 2016-2024 time period. Compared to inflation for all items in 2016 (1.26%), inflation for gas was much lower.

From William Weir...Author, Journalist, Minister

Briefly. Gas prices got as low as $1.87 in February 2016 under Obama, holding steady around $2.30 until Trump took office. From there they rose steadily until October 2018, reaching a peak of almost $3.00. As the economy continued to flounder under Trump (2018 saw the worst year for the stock market since the 2008 housing crisis; the Fed lowered interest rates in 2019 for the first time since Bush was President to try to prevent a recession), prices fell slightly, holding around $2.65 until the pandemic.

Once Trump mishandled the pandemic and the country began shutting down, demand for fuel dropped and prices fell, reaching $1.93 in April 2020—almost as low as a year before Trump took office. Trump then stated that low gas prices (during a financial crisis) was bad for America. He pushed OPEC into a two year deal to slash production to drive up prices. (This is probably the only thing in his failed Presidency that he successfully accomplished.) Gas prices began to rise immediately and continued to rise until Biden took office.

Once Biden reopened the country, people started driving normally again and the global oil shortage Trump created drove prices up even faster. Prices continued to climb until Trump’s OPEC deal ended in May 2022, peaking at just over $5.00 in June. Then normal production resumed and prices began to fall again. Currently prices are hovering around $3.00 a gallon, about where they were at the end of 2018—the last time the economy was considered reasonably stable under Trump.

So long story short, Trump’s failed economy did lead to gas prices dipping before reaching a record high because of his OPEC deal, but thanks in part to record high domestic oil production under Biden, gas prices are back in line with where they were before the “Trump Slump” despite global inflation driving prices up on almost everything else.

So let’s adjust the numbers for global inflation. The $2.30 under Obama in 2016 would be $2.97 in today’s dollars. That $3.00 under Trump in 2018 would be $3.71 in today’s dollars. The $2.65 we averaged in 2019 would be $3.22 in today’s dollars. So adjusting for inflation, gas prices now under Biden are lower than they were before the pandemic under Trump, and only slightly higher than they were in the final year of Obama’s Presidency.

Ronald Reagan, Bill Clinton, and Donald Trump go to heaven.

They are called before God’s Throne.

“Who are you, and what good did you do on earth?”, God asks Reagan.

“I am Ronald Reagan, oh Lord, and I won the Cold War”, Reagan answers.

“Very well”, God says, “Take the seat to my right.”

He then turns to Clinton and asks him the same question.

“I am Bill Clinton, oh Lord, and I balanced the budget”, Clinton answers.

“Very well”, God says, “Take the seat to my left.”

The Lord then turns to Trump. But, before he can ask him anything,

Trump says: “I am Donald Trump and I think you are sitting in my seat.”

From William Weir...Author, Journalist, Minister

Briefly. Gas prices got as low as $1.87 in February 2016 under Obama, holding steady around $2.30 until Trump took office. From there they rose steadily until October 2018, reaching a peak of almost $3.00. As the economy continued to flounder under Trump (2018 saw the worst year for the stock market since the 2008 housing crisis; the Fed lowered interest rates in 2019 for the first time since Bush was President to try to prevent a recession), prices fell slightly, holding around $2.65 until the pandemic.

Once Trump mishandled the pandemic and the country began shutting down, demand for fuel dropped and prices fell, reaching $1.93 in April 2020—almost as low as a year before Trump took office. Trump then stated that low gas prices (during a financial crisis) was bad for America. He pushed OPEC into a two year deal to slash production to drive up prices. (This is probably the only thing in his failed Presidency that he successfully accomplished.) Gas prices began to rise immediately and continued to rise until Biden took office.

Once Biden reopened the country, people started driving normally again and the global oil shortage Trump created drove prices up even faster. Prices continued to climb until Trump’s OPEC deal ended in May 2022, peaking at just over $5.00 in June. Then normal production resumed and prices began to fall again. Currently prices are hovering around $3.00 a gallon, about where they were at the end of 2018—the last time the economy was considered reasonably stable under Trump.

So long story short, Trump’s failed economy did lead to gas prices dipping before reaching a record high because of his OPEC deal, but thanks in part to record high domestic oil production under Biden, gas prices are back in line with where they were before the “Trump Slump” despite global inflation driving prices up on almost everything else.

So let’s adjust the numbers for global inflation. The $2.30 under Obama in 2016 would be $2.97 in today’s dollars. That $3.00 under Trump in 2018 would be $3.71 in today’s dollars. The $2.65 we averaged in 2019 would be $3.22 in today’s dollars. So adjusting for inflation, gas prices now under Biden are lower than they were before the pandemic under Trump, and only slightly higher than they were in the final year of Obama’s Presidency.

Ronald Reagan, Bill Clinton, and Donald Trump go to heaven.

They are called before God’s Throne.

“Who are you, and what good did you do on earth?”, God asks Reagan.

“I am Ronald Reagan, oh Lord, and I won the Cold War”, Reagan answers.

“Very well”, God says, “Take the seat to my right.”

He then turns to Clinton and asks him the same question.

“I am Bill Clinton, oh Lord, and I balanced the budget”, Clinton answers.

“Very well”, God says, “Take the seat to my left.”

The Lord then turns to Trump. But, before he can ask him anything,

Trump says: “I am Donald Trump and I think you are sitting in my seat.”