U.S. Gas Prices Hit 4-Year Low As Mideast Ceasefire Holds Amid Trump’s Energy Push

American consumers are enjoying a summer of significantly lower gasoline prices, with the national average per-gallon price hovering around $3.20. This marks the lowest point for gas prices at this time of year since June 2021, a remarkable development occurring on the heels of President Donald Trump’s announcement of a ceasefire in the protracted conflict between Israel and Iran.

The price stability counters widespread concerns that recent US military strikes on Iran, a major global energy player, would inevitably lead to rising energy costs for American households.

White House spokesperson Harrison Fields attributed the favorable pricing to the Trump administration’s focus on domestic energy production.

“Unlike the Biden-Harris administration, which significantly slowed the growth of American energy production and development, leading to skyrocketing gas and energy prices, the Trump administration is championing domestic energy production, restoring American energy dominance, and already lowering prices while strengthening our economy,” Fields stated.

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