Trending Now - Fox News Host Challenges Trump Aide's Biden Gas Price Claims

WHO:

TheWrap - Bill Hemmer, Fox News host

TheWrap - Kevin Hassett, National Economic Council Director under Trump

Alternet - President Donald Trump

WHAT:

TheWrap - Gas prices reached an average of $4.09 a gallon, increasing by nearly a dollar since the previous week.

TheWrap - Hassett stated that the Trump administration had taken “every possible measure” to reduce inflation, including the “second-largest release of the strategic reserve on record.”

Alternet - Hassett claimed that Biden had the biggest release of the strategic reserve without a supply disruption, attempting to offset high energy prices ahead of the election.

TheWrap - West Texas crude oil prices increased from $67 a barrel on February 27th to $111 a barrel by April 3rd.

Alternet - Hassett described the current high gas prices as a “temporary phenomenon” that would “end very soon.”

WHERE:

TheWrap - The discussion took place on the Fox News program “America’s Newsroom.”

WHEN:

TheWrap - The price of West Texas crude oil was $67 a barrel on February 27th, 2026, and rose to $111 by April 3rd, 2026.

Alternet - Trump made a national address on March 30th, 2026.

WHY:

Alternet - Hassett attempted to shift blame for rising gas prices from Trump to Biden, citing actions taken by Biden to release the strategic reserve.

HOW:

TheWrap - The Trump administration's measures to reduce inflation included releasing oil from the strategic reserve.

(UPDATED April 4, 2026 05:22 UTC)

Gas prices have surged to an average of $4.09 a gallon, marking an increase of nearly a dollar since the previous week, while West Texas crude oil prices jumped from $67 a barrel February 27th to $111 by on Friday. During a discussion on Fox News' "America’s Newsroom," Kevin Hassett, who served as the National Economic Council Director under Trump, claimed that the Trump administration had implemented every possible measure to combat inflation, including a significant release from the strategic reserve. Hassett described the current high gas prices as a "temporary phenomenon" that would soon come to an end, while also attempting to shift blame for the rising costs to President Biden's actions.