President Donald Trump's claim about Iowa's gas prices during the G7 Summit in France has sparked debate. In his press conference, Trump boasted about gas prices in Iowa, specifically mentioning a price of $1.85 per gallon for E85 fuel. However, this figure was not accurate for the state's average gas prices at the time. This article delves into the details, providing a comprehensive analysis of the situation and Trump's statement.
The Misleading Claim
Trump's assertion that gas prices in Iowa were as low as $1.85 per gallon is misleading. The $1.85 figure he cited was for E85, a higher blend of ethanol, which is sold at a lower price compared to standard E10. However, the average price for E85 in Iowa during the relevant period was actually $1.88, according to E85prices.com. This discrepancy highlights the importance of understanding the specific type of fuel being discussed.
The Context of Trump's Statement
Trump's statement was made in the context of the war in Iran and its potential impact on oil and gas prices. He claimed that oil prices were 'plummeting' and would 'come down a lot lower' after an agreement to end the war. This suggests that Trump was using the low gas prices in Iowa as a positive indicator of the pre-war economy's strength. However, the timing of his visit and the specific fuel type being discussed add layers of complexity to this interpretation.
The Impact of the Iran War
The war in Iran has had a significant impact on global oil markets, causing prices to rise sharply. According to AAA, the average gas price in Iowa on June 17, 2026, was $3.66, down from $4.32 one month ago but still higher than the $3.00 average in June 2025. This increase in prices is a direct result of the war and the subsequent geopolitical tensions.
Trump's Support for Biofuels
During his Iowa visit, Trump also expressed support for biofuels, particularly E15. He insisted that Congress could reach a deal to offer year-round E15, despite the seasonal ban in some regions due to clean air regulations. This highlights Trump's interest in promoting biofuel alternatives and his belief in their potential to influence gas prices.
Conclusion
In conclusion, Trump's claim about Iowa's gas prices being as low as $1.85 per gallon was misleading. The specific fuel type and average prices during the relevant period were not aligned with his statement. This incident underscores the importance of accurate information and context when discussing economic and political issues, especially when they are used to make public statements and shape public opinion.
