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Trump Has Just One Option Left On Gas Prices

October 23, 2026 · 9:41 am ET · Leave a Comment

“President Donald Trump has just one way left to bring down gas prices: ending the Iran war,” Semafor reports.

“Already, his administration has expanded access to red-dyed diesel; unlocked Russian diesel; waived the Jones Act; and tapped the U.S. strategic reserve in an effort to lower costs. Yet oil prices hit a five-month high today, even as Trump touted that Middle East exports were surpassing pre-war levels.”

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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