Jarrod Agen told Axios gasoline affordability remains President Trump's top concern. AAA put the US average gasoline price at about $4.48/gal versus $3.18/gal a year earlier. Agen said crude "has begun to move," though it is unclear how much is transiting the Strait of Hormuz, and that market crude supply has increased. He attributed price declines to tight refining capacity domestically and globally, citing Russia's refining output down roughly 30—40%. Agen reiterated the pres
Jarrod Agen told Axios gasoline affordability remains President Trump's top concern. AAA put the US average gasoline price at about $4.48/gal versus $3.18/gal a year earlier. Agen said crude "has begun to move," though it is unclear how much is transiting the Strait of Hormuz, and that market crude supply has increased