Economy · 2025-07-14
Gasoline prices were at their lowest level in five decades
False
Trump said gasoline prices had reached their lowest level in five decades.
What the evidence shows
Federal gasoline-price data do not support that historical superlative; the national average in July 2025 was about $3.12 per gallon, roughly unchanged from his inauguration week.
What happened next
Assessment reflects the cited reporting; revisit if new evidence emerges.
Assessment notes
Editorial paraphrase, not a verbatim quotation. Date identifies the documented statement or appearance. The verdict applies to the specific claim, not all statements at the event.