Trump Adviser Discusses High Gas Prices and Refining Capacity

<p>The affordability of gasoline remains a primary concern for the Biden administration, according to Trump energy adviser Jarrod Agen, who spoke at an Axios House event on September 22, 2026.</p><p>The Trump administration is promoting energy savings resulting from its deregulation efforts, as international conflicts, including the situation in Iran, affect oil markets, leading to increased fuel costs and potential financial strain for households during the winter.</p><hr /><ul><li>As of September 22, 2026, the national average gas price was approximately $4.48, an increase from around $3.18 a year prior, according to AAA.</li></ul><p>During the event, when asked if the president takes responsibility for rising gas prices, Agen stated that the president's long-term goal is to prevent Iran from acquiring nuclear capabilities.</p><ul><li>Agen quoted the president, saying, "He says the long term is worth it to stop them from having a nuclear weapon." </li></ul><p>Previously, Agen mentioned that the price at the pump is a significant factor for the administration's success. He emphasized the importance of ensuring that U.S. consumers do not face high prices for electricity and gas.</p><ul><li>Agen reiterated that gas prices remain a top issue for the president and attributed the current price increases to limited refining capacity.</li><li>He noted, "We've got crude flowing," but the complete picture of oil movement from the Strait of Hormuz is still unclear.</li><li>He added, "More crude is on the market, and so that's great. But refining capacity is the issue we're trying to solve, both domestically and then globally," citing that refining capacity in Russia is down by 30-40% and China is not operating at full capacity.</li><li>Agen suggested that relief could come through the Defense Production Act and infrastructure projects aimed at addressing refining issues.</li></ul><p>Earlier in September, the national average diesel price reached over $6 per gallon for the first time, raising concerns about inflation and household expenses amid already high fuel prices.</p><ul><li>A study from Brown University estimated that the conflict in Iran has cost U.S. consumers more than $100 billion in increased energy prices, complicating the administration's affordability challenges ahead of the midterm elections.</li><li>Disruptions in the Strait of Hormuz and other crises have put American refineries under significant stress, raising questions about the potential for an export ban on American diesel.</li></ul><p>During the same event, Trump addressed the General Assembly, stating he would not acknowledge the legitimacy of the election concerning Iran.</p><p>For further information, see Axios' coverage on rising gas prices and their implications for the midterms.</p>