Image: Steve Lunde
No $1 a gallon here. President Trump proclaimed last week that he’s lowered the price of gasoline to $1 a gallon. Nobody has any idea what he’s talking about. The lowest average price per gallon was in Oklahoma — $2.67. A few stations in Oklahoma City were at $2.50.
In Minnesota: A Casey’s station in Waseca was lowest at $2.45. The state average was $3,02. About the best around Winona was $2.96 at the Stockton crossroads.
In Wisconsin: A BP station in Milwaukee was lowest at $2.57. The state average is $2.98.
These data are from GasBuddy, a nonpartisan tracking company.
Fact: A U.S. president has only slight influence on gas prices. The main determinants are supply and demand, manipulations by global petroleum-rich cartels, disasters that affect refining capacity, and seaway and canal blockages caused by pirates and war.