MEBRO
FACT CHECK #53NA0Y12
06/23/26 · 11:07 AM UTC · 11 SOURCES
“Gas prices hit $5.00 under Joe Biden because Democrats printed money and killed American energy.”
LEANS FALSE · HIGH CONFIDENCE
TL;DR ·Gas prices did peak above $5.00 in 2022, but experts cite global factors as the cause.
WHAT WE FOUND
The national average price for a gallon of gasoline did exceed $5.00 for the first time in June 2022 during Joe Biden's presidency . When Biden took office in January 2021, the price was approximately $2.39 to $2.46 per gallon . However, the claim's attribution of these prices to printing money and killing American energy is a subject of intense partisan debate and is contested by economic analysis. High-credibility sources and fact-checkers state the 2022 price surge was largely due to post-Covid supply disruptions and the Russian invasion of Ukraine, which threatened global energy markets . While Republican officials have frequently blamed Biden’s energy policies for the increase , reports indicate that global market forces and geopolitical events were the primary drivers of the record-high costs .
SOURCES
- 1 · politifact.comFACT-CHECKERPolitiFact | Gas prices hit $5 a gallon more than a year after Joe Biden took office, not when he was inaugurated
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- 2 · waysandmeans.house.govACADEMICGas Prices Have More Than Doubled Since Biden’s First Day in Office - Ways and Means
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- 3 · rpc.senate.govACADEMICGas Prices Up 100% Under Biden
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- 4 · nytimes.comFACT-CHECKERRepublicans Wrongly Blame Biden for Rising Gas Prices - The New York Times
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- 5 · snopes.comFACT-CHECKERBiden Falsely Claims Gas Prices Were 'Over $5' When He Took Office | Snopes.com
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- 6 · spotlightpa.orgACADEMICRepublicans silent as gas prices surge 50% under Trump • Spotlight PA
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- 7 · wral.comFACT-CHECKERFact check: Biden says gas prices are 'down from over $5 when I took office' :: WRAL.com
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- 8 · gop.govACADEMICBiden’s Energy Crisis is Only Getting Worse as He Doubles Down on His War on American Energy - www.gop.gov
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- 9 · factually.coFACT-CHECKERHow Much Were Gasoline Prices Under Biden?
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- 10 · notus.orgWEBRepublicans Don't Want to Talk About Gas Prices Anymore - NOTUS — News of the United States
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- 11 · politico.comWEBDiesel price spike raises stakes for Trump, GOP ahead of midterms - POLITICO
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CHECK #______
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