Fuel costs climb despite Trump's pledge to lower gasoline prices

The short version

• Trump had promised voters gasoline would fall below $2 a gallon within his first year in office.[CNBC]
• The national gas average reached $4.20 a gallon, nearly 40% above last year, while diesel rose about 70% to $6.32.[CNBC]
• CNBC reports fuel prices spiked after a joint U.S.-Israel attack on Iran on February 28, and Trump has defended the cost.[CNBC]

Key facts

• Trump promised voters he would slash gas prices below $2 a gallon within his first year in office.[CNBC]
• The national average gas price was $4.20 a gallon on Friday, nearly 40% above the same period last year.[CNBC]
• Diesel prices have risen about 70% over the past year, to $6.32 a gallon.[CNBC]
• Fuel prices have spiked since a joint U.S.-Israel attack on Iran on February 28, according to CNBC.[CNBC]
• Trump told voters at a Michigan rally that rising fuel prices are a worthwhile cost of preventing Iran from acquiring a nuclear weapon.[CNBC]

Sources

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.

• Trump promised to slash energy costs — but gasoline, diesel and jet fuel all soared insteadCNBC