Fact Check: Romney’s gas claim

Romney claimed that gasoline prices have doubled under Obama. This is a misleading statistic. Gasoline was an average of $1.83 a gallon the day before Obama took the oath of office, but that was because of the economic crisis. Exactly four years ago, the average price was $3.67 — not much different than today’s price of $3.72. Gas prices had plunged after the collapse of Lehman Brothers sparked the crisis, reaching $1.59 a gallon by the end of December. So the dip was largely a temporary aberration.

Glenn Kessler has reported on domestic and foreign policy for more than three decades. He would like your help in keeping an eye on public figures. Send him statements to fact check by emailing him, tweeting at him, or sending him a message on Facebook.
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Glenn Kessler | October 3, 2012