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via cnbc.comEconomy

Trump promised to slash energy costs, but gasoline, diesel and jet fuel all soared instead

FROM THE WIRE · CNBC.COM

President Donald Trump promised voters who were angry about inflation that he would slash gasoline prices below $2 a gallon in his first year in office.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishRising fuel prices feed inflation and weigh on energy price expectations.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Trump had promised to cut gasoline below $2 a gallon in his first year.
  2. 02Gasoline, diesel and jet fuel all rose.
  3. 03Voter anger over inflation remains high.

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Breaking live stories come from third-party newswires via feed; headline and summary belong to the stated source. Impact analysis: UCapital AI · News Impact.

AI use policy. UCapital AI supports the newsroom with news analysis, summaries, market reactions, translations and the generation of cards and charts. AI-generated or AI-assisted content is labelled in the byline (AI Desk, a named AI profile marked «AI», or joint byline) and is reviewed by editors before publication. News received via API feeds from third-party providers is attributed to the original source. AI can make mistakes: report any inaccuracies to the newsroom. Users’ personal data is not used to train the models.