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Gavin Newsom: “Every $10 increase in a barrel is roughly $0.24 per gallon…”

Featuring: Gavin Newsom, Democratic | Governor of California

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California Gov. Gavin Newsom Announces Homelessness And Mental Health Policy Reforms

Published | Video Starts at 43:05

It's been exercised I'm glad Congress is doing its job this week. Energy prices are up across the globe. Oil prices are up. Gas prices are going up. Every $10 increase in a barrel is roughly $0.24 per gallon that you'll be paying more because of Trump's war. unfunded war. As he's cutting food stamps because he says he can't find money, as he's cutting taxes to the most well healed and well off. (43:05–43:14)

CLAIM

Asserts that a $10 increase in oil prices results in a $0.24 per gallon increase in gas prices due to Trump's actions.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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