A little inflation & gasoline price history…

 

I just wanted to share a little inflation and gasoline price information so folks can better judge for themselves reality vs propaganda.


Inflation * –
  • Inflation January 2017 (before Trump took office) – 2.5%
  • Inflation January 2021 (right before Trump left office) – 1.4% (Trump brought down inflation by 44%)
  • Inflation January 2025 (right before Biden left office) – 3.0% (Biden basically doubled inflation)
  • Inflation February 2025 (after Trump was inaugurated) – 2.8% (essentially the same as Biden)
  • Inflation June 2025 (5 months into Trump’s term) – 2.7% (essentially the same as when Trump took office)
  • Inflation has been trending up the last 2 months – 2.4% in May, 2.7% in June.

Gasoline Prices ** –
  • Gasoline price January 2017 (before Trump took office) – $2.35
  • Gasoline price January 2021 (right before Trump left office) – $2.33 (Trump brought down gasoline price by 2cents)
  • Gasoline price January 2025 (right before Biden left office) – $3.20 (Biden increased price by 32%)
  • Gasoline price February 2025 (after Trump was inaugurated) – $3.08
  • Gasoline price June 2025 (5 months into Trump’s term) – $3.15 (Trump increased price by 7cents)
  • Gasoline price has been trending flat for the last 2 months.

* US Federal Government figures.

** US Federal Government figures.

Why did I used US Federal Government figures vs my original figures? I felt using government figures would be…well, laid at the feet of the government if they were wrong or misrepresented.

So the following statements are true based on facts and figures from the US government:

  1. Inflation under the current Trump term is essentially the same as when Biden left office, just a little lower.
  2. Inflation under the current Trump term is trending up the last 2 months.
  3. Gasoline prices in the first Trump term ended where they were when Obama left office.
  4. Gasoline prices under the first 5 months of Trump’s 2nd term are up 7cents per gallon vs when Biden left office.

I hope that help folks, including Texas Dan, see reality for what it is.

I am not hammering Trump as an anti-Trumper or never-Trumper…I am simply sharing facts to help folks see reality vs political propaganda.

FYI…I normally use different numbers/facts/figures than those put out by the US Federal Government. Why? I kinda don’t think the US government numbers for public consumption are entirely accurate. But, I wanted to use them here so if they are wrong it’s the government’s fault not mine.

 

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