Facts are technically correct but framed in a way that likely leads to a wrong impression. Learn more in Methodology.
Verify retail gasoline prices and the prevalence of $1.99 pump prices across U.S. locations around the time of the remark (identify share of stations at or near $1.99).
Trump's claim that "Gasoline now is $1.99 to a lot of places" is partly true in that some individual gas stations in a few states were selling gasoline for under $2 on Jan. 20, 2026, but misleading because those low prices were limited to a small number of stations and were not widespread. National and state averages in mid‑January 2026 were well above $2 (national average about $2.78–$2.83; lowest state average was $2.34 in Oklahoma), and only a handful of stations in a few states (e.g., Colorado, Oklahoma, Texas, Wyoming) showed sub‑$2 prices per GasBuddy. Verdict: Misleading — the statement cherry‑picks localized station prices and implies a much broader, widespread $1.99 price than the data support.