Trump administration highlights low-price gas stations in Pennsylvania and New Jersey
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The White House promoted a network of 25 gas stations offering fuel at $3.47 per gallon, a price reportedly subsidized by the private company operating the stations.
The White House announced a "Freedom Fuel Network" comprising 25 gasoline stations in Pennsylvania and New Jersey that are selling fuel at $3.47 per gallon. A spokesperson said the network is a private company, not a government program, and that it aims to make gasoline more affordable for drivers in the two states.
Industry analyst Patrick de Haan noted that the stations appear to be selling fuel at a loss, estimating a subsidy of 20 to 50 cents per gallon. He said the reduced price would likely result in monthly losses of around $250,000 for each station if the discount is sustained.
The network's registration was filed three weeks after a similar promotional effort by T-Mobile, which temporarily sold gasoline at $1.99 per gallon in California by covering the cost difference. The Freedom Fuel Network was registered by Corporation Trust Company, an entity used by the Trump family for private business filings.
The administration described the company as "patriotic" and said it is helping drivers by lowering prices, though it did not provide details on how the price reductions are financed.