Publication date: March 28, 2024
Expert Highlights Limited Presidential Influence on Gas Prices

Expert Highlights Limited Presidential Influence on Gas Prices

GasBuddy's Patrick De Haan emphasizes the minimal effect U.S. presidents have on controlling global gas prices.

Oil & Gas

Patrick De Haan of GasBuddy recently critiqued the widespread but inaccurate belief that U.S. presidents possess significant control over gas prices, underscoring the reality of these costs being dictated by global market dynamics. De Haan's comments shed light on the complexities of international oil markets and the relatively minor role that policies of any single nation's leader can play in influencing gas prices.