Election-Day Gas Prices Hit Record High Amid Voter Disapproval
President Donald Trump’s administration reported that average gasoline prices reached $4. 14 per gallon on election day, the highest level ever recorded for such a day, and a poll showed a majority of voters disapproved of his handling of fuel costs. Earlier, prices had slipped modestly to $4.
17 per gallon as oil markets eased amid diplomatic talks on the Iran conflict, following an $8 billion relief package and a tax exemption for off-road diesel announced after a February strike on Iran raised fuel costs. The surge in gasoline and diesel prices, which had already been at historic highs and exceeded the levels during the previous administration, contributed to a 5. 4% rise in overall consumer prices since Trump began his second term, fueling voter criticism ahead of the midterms.
