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via seekingalpha.comEconomy

Average US pump prices in Trump's second term now exceed Biden's

FROM THE WIRE · SEEKINGALPHA.COM

[Gas station pump with diesel and gasoline options.] Nature, food, landscape, travel/iStock Editorial via Getty Images The average price of gasoline paid by U.S. motorists during President Trump's second term has surpassed the average during the Biden administration, according…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishFuel prices above $4/gal weigh on inflation and on oil-linked equities.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01US average gasoline is $3.473/gal under Trump versus $3.471 under Biden.
  2. 02Average diesel is $4.343 versus $4.078 under Biden.
  3. 03The diesel record is $6.523 set on September 22, and the national average stays above $4/gal.
  4. 04During the eight months since the Middle East war began, average US pump prices have risen.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
United States Oil Fund, LPUSOETF168.83 USDMarket closedtoday +0.38%Positive United States Gasoline Fund, LPUGAETF144.60 USDMarket closedtoday +0.62%Positive ProShares - UltraShort Bloomberg Crude OilSCOETF15.65 USDMarket closedtoday -0.63%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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