President Trump touts lower gas prices in the New Year, saying they’re expected to go down.
The President made those remarks on Twitter Tuesday, suggesting the low prices are a result of his policies.
This comes after reports speculate that after three years of rising gas prices in the United States, there could be a decrease in 2019.
Current gasoline prices are shown at a gas station in Encinitas, Calif., Oct. 8, 2012. There are at least 55 blends of gasoline in the US, because California and other states demand special blends, which can cause local gluts and shortages. That’s a key reason gas prices vary so much around the US. (Photo/Mike Blake/Reuters)
Analysts speculate the expected drop in cost could be a result of the Trump Administration’s hard-line stance on Iran, and closer relations with one of its main oil suppliers, Saudi Arabia.