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  1. News
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  3. Nation & World

Have gas prices ‘collapsed’ under Donald Trump? | Fact check

PolitiFact | Although crude oil prices have fallen during Trump’s second term, this has yet to be reflected in a significant way at the gas pump.
 
The HF Sinclair El Dorado oil refinery is seen March 21 in El Dorado, Kan. Treasury Secretary Scott Bessent said May 18 on NBC's "Meet the Press" that gas prices have "collapsed" under President Donald Trump.
The HF Sinclair El Dorado oil refinery is seen March 21 in El Dorado, Kan. Treasury Secretary Scott Bessent said May 18 on NBC's "Meet the Press" that gas prices have "collapsed" under President Donald Trump. [ CHARLIE RIEDEL | AP ]
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  • Louis Jacobson - PolitiFact Chief Correspondent

    Louis Jacobson is the chief correspondent for PolitiFact and a staff writer for the Tampa Bay Times. He has served as deputy editor of Roll Call and as founding editor of its legislative wire service, CongressNow. Earlier, he spent more than a decade covering politics, policy and lobbying for National Journal magazine.

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