Governor Jay Robert "JB" Pritzker (D-IL) called President Donald Trump a "liar" on Tuesday, accusing the administration of causing a surge in fuel costs amid the war with Iran.
Illinois Governor Says Trump 'Can't Be Trusted' as Gas and Diesel Prices Hit Records Amid Iran Conflict
MarketDash
JB Pritzker calls out President Trump for promising lower fuel costs and claiming the Iran war is ending, while prices surge to new highs.
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Donald Trump Is A Liar
In a post on X, Pritzker quoted a post by GasBuddy analyst Patrick De Haan, who shared that the state of Illinois had set a record for diesel prices at $6.06/gallon. "Donald Trump is a liar," Pritzker said in the post.
He also shared a video with the post, saying that Trump was "claiming that the war in Iran" was over and that gas prices in the U.S. were down. "Reality check, gas and diesel prices are at record highs," Pritzker said, adding that the Iran war made "Americans less safe and put our soldiers in harm's way."
Pritzker shared how "MAGA Republicans promised to lower costs," and that the U.S. would not get involved in foreign conflicts, both of which had been unsuccessful, he hinted at. "Whether it's on the war in Iran being almost over or gas and diesel prices coming down, he [Trump] can't be trusted," the Illinois Governor said.
Peter Schiff's Warnings, Gavin Newsom's Criticism
Amid the Iran war, Economist Peter Schiff cautioned against eliminating the Federal gas tax on Monday, as it could weaken the dollar and lead to higher oil prices as it could "weaken the dollar." The Trump administration was mulling eliminating the Federal gas tax to bring relief at the pump.
Governor Gavin Newsom (D-CA) also criticized Trump, as De Haan shared that heightened costs at the pump have resulted in $28 billion in excess costs since the war in Iran kicked off.
Iran War
Trump had earlier warned that the ceasefire agreement with Iran was at risk of being broken. He said that the ceasefire was on "life support" after the White House rejected a response by the Iranian government to a U.S.-backed proposal to end the conflict.
Gas Prices Surge
The national average price for a gallon of gas was at $4.503 on Tuesday, indicating a slight decline according to data collected by the American Automobile Association (AAA), while the current average diesel price was $5.644/gallon. California was once again at the top of the charts with gas prices at over $6.153/gallon.
On the oil front, the West Texas Intermediate (WTI) crude was trading at $101/barrel at the time of writing this article. Brent crude was trading at $106.5/barrel at press time. The United States Oil Fund (USO), an exchange-traded fund (ETF) that tracks the WTI crude, declined 0.43% to $143.68 during the after-hours trading on Tuesday.
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