Trump promised to slash energy costs — but gasoline, diesel and jet fuel all soared instead

President Donald Trump promised voters angry about inflation that he would slash gas prices below $2 a gallon within his first year in office. "My plan will cut energy prices in half or more than that within 12 months of taking office," Trump said in a speech to the New York Economic Club in September 2024 during his re-election campaign. "Energy was what caused our problem initially," he told voters. "Energy is going to bring us back. That means we're going down and getting gasoline below $2 a gallon." But when voters head to the ballot box on Tuesday energy prices will remain a headache. Gas and diesel prices are forecast to be the highest ever on an election day, according to Patrick De Haan, head of petroleum analysis at GasBuddy.