Prices Already Spiking at Trumpβs Mysterious Gas Stations That Promised Cheap Fuel
Liberty-loving patriots who got themselves amped up about president Trumpβs new gas stations are in for a rude surprise.
When the White House announced the βFreedom Fuelβ network last week, it bragged that the price at the pump would be just $3.47 per gallon β in honor, of course, of βour 47th president.β
But using data on the gas price tracking platform GasBuddy, The Hill found that the locations had prices that were at least $3.57 per gallon, with multiple videos on social media reflecting the same.
Unless Trump is planning to be president again four decades from now, weβd say this attempt to glorify himself has missed the mark.
Though some Freedom Fuel prices are lower than the national average β which is hovering around $3.80, according to the AAA β theyβre still fluctuating as much as what youβd see at a typical gas station. One location in New Jersey climbed past the national average to $3.89 on Wednesday, before falling again to $3.57. Some had prices as high as $4.49.
A White House representative acknowledged that Freedom Fuel wasnβt immune to the routine fluctuations of a volatile market, not to mention local pricing.
βThe prices at the gas stations will fluctuate β possibly coming down even further β depending on the market and the location,β the representative told CBS News.
Experts have needled the stunt, convinced that it wonβt work out in the long-term.
βStations selling at this price, itβs not sustainable,β GasBuddyβs head of petroleum analysis Patrick De Haan told the Philadelphia Inquirer last week, noting rising crude oil prices after Trump rekindled aggressions with Iran. βGenerally, when losses happen, somebodyβs got to pay for it.β
How Freedom Fuel is subsidizing the cost of its cheap gas is unclear. What company is running the locations is equally opaque. Some customers said that the Freedom Fuel stations were simply existing gas stations that were rebranded.
If nothing else, it speaks to the chintziness of Trumpβs self-aggrandizing projects during his second term in office. In his first year, he heavily promoted a meme coin owned by his family, the value of which immediately plummeted. He also tried to hype the launch his own βTrump Mobileβ network by teasing a new purportedly made-in-the-US smartphone, which turned out to be a repackaged Chinese device.
More on finance: Trump Fans Confused by How Their Investments in His Crypto and Stock Are Now Worth a Tiny Fraction While Heβs Getting Richer
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