Donald Trump’s $1.98 Gas and Egg Price Claims Debunked by Official Data
In recent weeks, President Donald Trump has made several claims regarding the U.S. economy, notably asserting that gasoline prices have dropped to $1.98 per gallon and that egg prices have decreased by over 90%. However, official data and fact-checking organizations have refuted these statements, highlighting discrepancies between the President’s claims and actual market prices.
Gasoline Prices: A Closer Look
President Trump stated that gasoline prices had fallen to $1.98 per gallon, labeling it the “lowest in years.” Yet, data from the U.S. Energy Information Administration (EIA) indicates that as of April 28, 2025, the national average price for a gallon of gasoline was $3.133. The lowest recorded average was in Texas at $2.664 per gallon, while California had the highest at $4.614 per gallon.
Further analysis by PolitiFact revealed that no gas station in the U.S. was selling gasoline for $1.98 per gallon during the time of Trump’s claim. The lowest price found was $2.11 per gallon at a single station.
Some analysts suggest that President Trump may have been referring to RBOB gasoline futures prices, which are wholesale prices before taxes and other costs are added. These futures briefly dipped to $1.98 per gallon in April but do not reflect the actual prices consumers pay at the pump. Axios explains that RBOB gasoline requires blending with ethanol and additional transportation before it is available to consumers, highlighting the complexity behind fuel pricing.
Egg Prices: Examining the Facts
President Trump also claimed that egg prices had decreased by 93-94% since he took office. However, data from the U.S. Department of Agriculture (USDA) indicates that as of April 18, 2025, the average wholesale price for a dozen large white eggs was $3.13, down from $6.55 in January—a decrease of approximately 52%, not over 90%.
Retail prices tell a different story. According to the Bureau of Labor Statistics, the average retail price for a dozen eggs in March 2025 was $6.23, up from $5.90 in February and $4.95 in January.
The discrepancy between wholesale and retail prices can be attributed to various factors, including supply chain disruptions and increased demand. Additionally, the recent avian influenza outbreak led to the culling of millions of egg-laying hens, further impacting supply and prices. The Centers for Disease Control and Prevention (CDC) provides information on the avian influenza outbreak and its effects.
Conclusion
While President Trump’s statements suggest significant decreases in gasoline and egg prices, official data does not support these claims. Gasoline prices remain above $3 per gallon nationally, and egg prices have not experienced the dramatic drop asserted by the President. It’s essential for public figures to provide accurate information, especially on economic matters that directly affect consumers.
For more detailed information, refer to the original article: Donald Trump’s $1.98 Gas and Egg Price Claims Debunked by Official Data.
Embedded Video
For a visual breakdown of the gas and egg price claims, watch the following video:
Note: This article is based on data available as of May 6, 2025. Prices and statistics are subject to change.