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Iowa average gas price reported as $2.56 per gallon, claimed 46% below prior peak

True

Evidence from credible sources supports the statement as accurate. Learn more in Methodology.

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State or national gas price data sources (e.g., EIA, GasBuddy, AAA) confirm Iowa's average retail gasoline price is $2.56/gal and that this represents a 46% decline relative to the cited prior high.

Source summary
The White House article asserts that Iowa is experiencing economic improvements under President Trump’s leadership, citing lower gas and diesel prices, stronger GDP growth, improved home affordability, and tax savings from the Working Families Tax Cuts. It reports administration figures for wage gains, job protections, and mortgage support delivered through Fannie Mae and Freddie Mac. The piece frames these as results of Republican policies while noting the administration’s goal of further reversing what it calls "Biden-era" economic damage.
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Latest fact check

AAA and GasBuddy data for Jan. 27, 2026 show Iowas average regular gasoline price at about $2.56 per gallon (AAA reports $2.565 on 1/27/2026). AAA also lists Iowas record-high regular price as $4.761 on 6/15/2022; a fall from $4.761 to $2.565 equals a drop of about 46.1%, so the claim that prices are down 46% from the record Biden‑era high is accurate. Verdict: True — both the current level ($2.56) and the percent decline (~46%) are supported by AAAs published data and match contemporaneous GasBuddy/industry reporting.

Sources

Timeline

  1. Update · Jan 28, 2026, 01:55 AMTrue
    AAA and GasBuddy data for Jan. 27, 2026 show Iowas average regular gasoline price at about $2.56 per gallon (AAA reports $2.565 on 1/27/2026). AAA also lists Iowas record-high regular price as $4.761 on 6/15/2022; a fall from $4.761 to $2.565 equals a drop of about 46.1%, so the claim that prices are down 46% from the record Biden‑era high is accurate. Verdict: True — both the current level ($2.56) and the percent decline (~46%) are supported by AAAs published data and match contemporaneous GasBuddy/industry reporting.
  2. Original article · Jan 27, 2026
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