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Trump said gas prices are ‘peanuts.’ Only if you’re rich.
The Washington Post ^ | May 24, 2026 | Julie Z. Weil and Federica Cocco

Posted on 05/24/2026 9:31:19 AM PDT by Timber Rattler

Surging gas prices have hit American drivers hard — but some much harder than others.

For households in the bottom quarter of the income distribution — those earning roughly $40,000 a year or less — commuting fuel costs now consume an average of about 4 percent of their income, according to a Washington Post analysis.

For households in the top quarter, earning $100,000 or more, the same costs amount to less than 1 percent.

The gap has widened since March, as the U.S. war on Iran escalated and oil shipments through the Strait of Hormuz stalled, with implications for global markets.

(snip)

As a result of the war, U.S. gas prices have increased more than 40 percent compared to a year ago, reaching a national average of $4.50 a gallon this month, up from $3.18 in May 2025.

President Donald Trump has floated options to reduce those prices, including suspending the federal fuel tax. But he also has dismissed the economic impact of the war on Americans, saying that his priority is to prevent Iran from accessing nuclear weapons. On Tuesday he said about gas prices: “This is peanuts.”

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Business/Economy; Foreign Affairs; Government; News/Current Events
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Trump's "let them eat cake" moment.

VIDEO: Trump calls high gas prices 'peanuts'

1 posted on 05/24/2026 9:31:19 AM PDT by Timber Rattler
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To: Timber Rattler

Still lower than under Biden.


2 posted on 05/24/2026 9:34:57 AM PDT by Beowulf9
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To: Timber Rattler

FUWP. The point is do you want Iran to nuke us or have higher gas prices? Apparently, nukes win.


3 posted on 05/24/2026 9:35:05 AM PDT by albie
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To: Beowulf9

PERHAPS ALL THESE “SNOWFLAKES” WOULD PREFER RATIONING COUPONS....


4 posted on 05/24/2026 9:36:33 AM PDT by ridesthemiles (not giving up on TRUMP---EVER)
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To: Beowulf9

No, they’re not lower.


5 posted on 05/24/2026 9:36:55 AM PDT by Timber Rattler ("To be prepared for war is one of the most effectual means of preserving peace." --George Washington)
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To: ridesthemiles

6 posted on 05/24/2026 9:38:45 AM PDT by Timber Rattler ("To be prepared for war is one of the most effectual means of preserving peace." --George Washington)
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To: Timber Rattler

I was in the Netherlands last Sunday unfortunately I had to stop and get gas. It worked out to be about 12 1/2 bucks a gallon.


7 posted on 05/24/2026 9:38:45 AM PDT by rebelskid
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To: Beowulf9

Certainly not pining for Biden but I never paid more than $3/gal under Biden. I’m well off but >$4/gal isn’t “peanuts”. We aren’t Canada or Europe.


8 posted on 05/24/2026 9:42:41 AM PDT by mikey_hates_everything
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To: ridesthemiles

I want my A coupon!!

Actually his point will be lost on the populace as it will be viewed through the media as a let them eat cake moment. IMO we have become too soft as a nation. We molly coddle criminals and drug addicts, worry too much about our personal comforts, and have lost our moral compasses evidenced by the trans and porn industries.

I know I am old, octogenarian old, I lived through some of the hardships and vividly recall those pointed out to me by my parents and grandparents. Maybe some complaining of the gas prices might consider how much of that price is taxes for instance.


9 posted on 05/24/2026 9:42:51 AM PDT by Mouton (There is a new sheriff and deputy in town now! )
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To: Timber Rattler

Try being fair instead of getting in the clown car with Julie and Federica. Biden shot up the gas prices intentionally. They are high now because Trump is actively trying to keep Iran from getting nukes. Big difference.


10 posted on 05/24/2026 9:44:34 AM PDT by gibsonguy
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To: Timber Rattler
Iran having a nuclear weapon and the threat that that may involve, pales in comparison to temporarily high gas prices.

And it pales in comparison to other generations that have made far more difficult sacrifices.

That was Trump's point.

And of course you don't get it.

11 posted on 05/24/2026 9:44:54 AM PDT by FreeReign
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To: Timber Rattler
Wait. First you're complaining about gas prices? Now you're complaining about surrender?

You've got TDS.

12 posted on 05/24/2026 9:46:22 AM PDT by FreeReign
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Boomers bragging about paying more for gas as a patriot duty. Meanwhile FR is far behind in the fundraiser.


13 posted on 05/24/2026 9:46:42 AM PDT by proust (All posts made under this handle are, for the intents and purposes of the author, considered satire.)
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To: Timber Rattler

I understand the shock at the pump, but the real pain is the cost of transporting goods to market, especially food. It’s worse for those products where weight is high relative to size (e.g., soft drinks). Still, we are fairly spoiled by low gas prices in the US compared to other countries in Europe and even Canada. Personally, I’d rather pay the higher price than worry that my kids and grandkids may face nuclear threats in the future.


14 posted on 05/24/2026 9:48:46 AM PDT by econjack
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To: Timber Rattler

For those who think this is a let them eat cake moment, you can pick up your IQ score shortly.


15 posted on 05/24/2026 9:48:49 AM PDT by reasonisfaith (What are the personal implications if the Resurrection of Christ is a true event in history?)
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To: Timber Rattler

“Why cheap oil is not an economic blessing” - Washington Post

https://archive.ph/NMKpC


16 posted on 05/24/2026 9:51:03 AM PDT by lowbridge ("Let’s check with Senator Schumer before we run it" - NY Times Editor)
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To: Timber Rattler

Much higher gasoline prices under Biden were a feature not a bug.

Trying to permanently make it too expensive to drive cars in order to force the sheeple to ride mass transit on the alter of green energy is good. Temporary rising oil prices to stop Iran from nuking the western world is bad.


17 posted on 05/24/2026 9:51:13 AM PDT by Bubba_Leroy (Our long national nightmare is over!)
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To: Timber Rattler

“Why cheap oil is not an economic blessing” - Washington Post, January 2016

https://archive.ph/NMKpC


18 posted on 05/24/2026 9:51:20 AM PDT by lowbridge ("Let’s check with Senator Schumer before we run it" - NY Times Editor)
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To: lowbridge

That was then. This is now. Orange Man Bad!


19 posted on 05/24/2026 9:52:52 AM PDT by Bubba_Leroy (Our long national nightmare is over!)
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To: Timber Rattler

I’m still in.


20 posted on 05/24/2026 9:53:48 AM PDT by rktman (Destroy America from within? On hold! Enlisted USN 1967 proudly. 🚫💉! 🇮🇱🙏! Winning currently!)
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