10

Loading video...

Anna Commander

By Anna Commander

News Editor

0

Share

Newsweek is a Trust Project member

See more of our trusted coverage when you search.Prefer Newsweek on Googleto see more of our trusted coverage when you search.


President Donald Trump and his son Donald Trump Jr. spoke about gasoline or the cost of oil on Monday, one day ahead of the midterm elections, offering different takes.

Taking to Truth Social, the president said, "Oil Prices are DROPPING LIKE A ROCK, down almost $10 a Barrel, A RECORD, because people feel that there will not be a War with Iran. Iran wants a settlement, as soon as possible. It could happen!"

Trump's post comes after Trump Jr. said in New York at a rally with Vice President JD Vance: "I get it, not everything's perfect today, gas prices are high, we understand that. You think they're going to go down when the Democrats come in, and they stop all the drilling?"

Read More on News

Midterm elections are commonly viewed as a test of the political environment facing the party in power, and the president's party has historically lost seats during them. Trump's overall approval rating and ranking on specific policy issues like the economy, immigration, jobs and the ongoing war in Iran have recently slipped as households across America are consistently flagging affordability concerns.

The polling lows come as Trump has crisscrossed the country recently in the lead-up to Tuesday, rallying for potentially vulnerable GOP candidates. On Monday, he made his final pitch to voters regarding the midterms at the Lincoln Memorial Reflecting Pool.

President Donald Trump, right, and Donald Trump Jr. walk on the south lawn toward the White House in Washington, D.C., on May 3 (Photo by Mandel Ngan/AFP via Getty Images)

...

What To Know

Trump Jr. continued his midterm pitch in New York asking the crowd if they think rents are going to go down "when they open up the border and flood the country with hundreds of thousands and millions of illegals?"

He said that Democrats want to make D.C. and Puerto Rico states and abolish U.S. Immigration and Customs Enforcement, adding that "they want one-party country of the entire country," in part, similar to remarks billionaire Elon Musk made last week.

Trump Jr. told the crowd to get out and vote like their lives depended on it "because they do, it matters."

As both Republicans and Democrats make their final pitch to the American people ahead of Election Day, the price of gasoline remains a top concern.

According to AAA, the national average price of a gallon of regular gasoline on Monday is $4.1694. Sunday's average was $4.1732, following $4.2858 a week prior and $4.3961 a month ago. The states with above-average prices are Hawaii, Washington, Oregon, California, Idaho, Alaska, Nevada, Arizona, Utah, Montana, Wyoming, Michigan, Wisconsin, Illinois, Maine, Vermont, New York, Pennsylvania and Connecticut.

Brent crude—the international benchmark—is roughly $104.23 a barrel on Monday afternoon. The price has notably been falling since Friday.

“Once this conflict comes to an end, gas prices will drop drastically, and the Iranian terrorist regime will not have a nuclear weapon. Protecting America’s national security from threats by a radical terrorist regime that has chanted ‘Death to America’ for 47 years was the right thing to do – and President Trump is the only President who has had the courage to do it. Thanks to the exceptional work of the U.S. military, more oil is now flowing out of the Persian Gulf than before the Iran conflict began," White House spokeswoman Taylor Rogers told Newsweek on Monday.

According to a recent YouGov survey, 41 percent said gas prices are increasing a lot where they live, 25 percent said going up a little, 14 percent said prices were not changing, 15 percent said prices were going down a little, 1 percent said going down a lot and 4 percent said not sure.

The poll surveyed 3,915 likely voters in the U.S. from October 27 to October 30 and had a margin of error of 1.7 percent.

Newsweek’s reporters and editors used Martyn, our AI assistant, to produce this story. Learn more about Martyn here. Contact Newsweek editors on this story: Edward T. Cummins

View 0 Comments

Request Reprint & Licensing

Submit Correction

View Editorial & AI Guidelines