Higher gas prices have cost drivers an extra $8.4 billion, Democrats say

CBS News
April 2, 2026
3 min read

Quick Insights

The Bottom Line

Democrats claim higher gas prices have cost American drivers an extra $8.4 billion, with pump prices topping $4 per gallon.

How This Affects You

Filling a Ford F-150 pickup truck now costs nearly $145, placing significant financial pressure on drivers and working families.

AI Summary

Democrats have released an analysis claiming higher gas prices have cost American drivers an extra $8.4 billion. The analysis points to gasoline prices topping $4 a gallon, with filling up a Ford F-150 pickup truck now costing nearly $145. The assertion highlights the economic pressure on motorists at the pump, a politically significant issue heading into the 2026 midterm elections. Democrats are using the data to argue that energy costs have become a burden for working families, though the analysis does not detail the timeframe for the $8.4 billion figure or account for factors affecting gas prices nationally.

Source Coverage Map

7 of 43 tracked sources covered this story

16% coverage
Did Not Cover (36)
ICIJ97AP World News96AP News96AP US News96AP Top News96+31 more

Following this story?

Get notified when new coverage appears

Should this be getting more attention?

You Might Have Missed

Related stories from different sources and perspectives

Rising gasoline prices are a double blow for drivers who use their own vehicles for work - AP News
Finance

Rising gasoline prices are a double blow for drivers who use their own vehicles for work - AP News

<a href="https://news.google.com/rss/articles/CBMiogFBVV95cUxNZHkxVnJfQ19jZGszbDRKT3daamI0dnRxdC1YekpqemRsWjNUZWYwZjNJTmJ4anNnVkd5WjRHX1RnSzhMaFp3UUZ1ZmdWTTAwcmpvV2h1dUgxOFNreThGM1hyTWM5WnNDdGFDR3dibGVWSWJiRnVILUdyY2lkMG8xUUZ5bjZuQ2hIMURhbmlsVllzRk15ZU4tWjJGdkNnV3VfYVE?oc=5" target="_blank">Rising gasoline prices are a double blow for drivers who use their own vehicles for work</a>&nbsp;&nbsp;<font color="#6f6f6f">apnews.com</font>

apnews.comMar 30
Gas prices hit $4.06 a gallon before Trump's prime-time address
Finance

Gas prices hit $4.06 a gallon before Trump's prime-time address

U.S. gasoline prices continue to inch higher after crossing the $4 a gallon threshold on Tuesday for the first time since 2022.

CBS NewsApr 1
EPA approves sale of higher-ethanol fuel in bid to lower gas prices - The Guardian
Environment

EPA approves sale of higher-ethanol fuel in bid to lower gas prices - The Guardian

<a href="https://news.google.com/rss/articles/CBMiigFBVV95cUxPdXRwME5qdGJOQXljWDRJbWV1R1lIbDIwaWpubERDZi1Mc2NGMWdMMlZSeU51ekEweUxyallYRnhNWlZ2U0xDdHZHdTQtb01VdGZfZ3E5eGVnOExTaGVwV3lIeEYxVWRDRWJTMm16YXZsakROWndkNC1OOGswajhSaXY3SFBubk9Hb2c?oc=5" target="_blank">EPA approves sale of higher-ethanol fuel in bid to lower gas prices</a>&nbsp;&nbsp;<font color="#6f6f6f">The Guardian</font><strong><a href="https://news.google.com/stories/CAAqNggKIjBDQklTSGpvSmMzUnZjbmt0TXpZd1NoRUtEd2lWNk5IZUVCRkc3UXBuRUpmMUVDZ0FQAQ?hl=en-US&gl=US&ceid=US:en&oc=5" target="_blank">View Full Coverage on Google News</a></strong>

The GuardianMar 26
Rising gasoline prices a double blow for drivers who use their own vehicles for work
Finance

Rising gasoline prices a double blow for drivers who use their own vehicles for work

Millions of drivers use personal vehicles for their work, from delivery and ride-share providers to self-employed electricians, nannies, home health care aides and real estate agents.

The HillMar 30
Gas prices eclipse $4 a gallon in the US, the highest since 2022 - AP News
Finance

Gas prices eclipse $4 a gallon in the US, the highest since 2022 - AP News

<a href="https://news.google.com/rss/articles/CBMikgFBVV95cUxOZ2VaM2FwRTV4X0Zaci0xZjlqSUZfajhfUmVDUUtDbEJWdl9ITTRiZ1lDYlgza2hkc2tEX3pfNkVJNTJkQWdhX1VkZnoyZ2MxUzFVekRQNEE1RTh1NUw5akhmYjM4dlNYWTB4aHVhUk9WSGNYTDd4Ym9RWWVYX2UtT3FETjZwdC0yTFVVUEcyZks0QQ?oc=5" target="_blank">Gas prices eclipse $4 a gallon in the US, the highest since 2022</a>&nbsp;&nbsp;<font color="#6f6f6f">AP News</font>

AP NewsMar 31
'Outrageous': Sky-high gas prices are changing the way Americans live - USA Today
Finance

'Outrageous': Sky-high gas prices are changing the way Americans live - USA Today

<a href="https://news.google.com/rss/articles/CBMingFBVV95cUxQM01rd3p1dTJFdkpFN0owbFRhTFlvQnRkWDJaNzdaOEl5WmFmdTREUjJnY1pJNk1VYXZfODZvUExYb0M2UkpKaXNKQXVqbEhvZnJCcHNSeWszMDVDQXJyTGF0NlU3VmxmWkpSaXBUMnN6TnRoYXRNTUtGM2RYdXpwaUg5dVMyeEJVTE5XS3NKY2l4VmpsbldsWmN1M05iZw?oc=5" target="_blank">'Outrageous': Sky-high gas prices are changing the way Americans live</a>&nbsp;&nbsp;<font color="#6f6f6f">USA Today</font>

USA TodayApr 1
Read Next
Private equity's next step into 401(k)s
Finance

Private equity's next step into 401(k)s

<p>The Trump administration yesterday took a giant step toward allowing alternative assets in 401(k) plans, with the Department of Labor proposing rules that now will be open for two months of public comment.</p><p><strong>The big picture:</strong> Pay more attention to the <a href="https://www.federalregister.gov/documents/2026/03/31/2026-06178/fiduciary-duties-in-selecting-designated-investment-alternatives" target="_blank">actual rule</a> than to the <a href="https://www.dol.gov/newsroom/releases/ebsa/ebsa20260330" target="_blank">press release</a>.</p><hr><ul><li>The former focuses primarily on process, including the use of benchmarks. The terms "prudent" or "prudently" are mentioned 105 times. It makes no claim that adding private equity or crypto to a 401(k) will improve performance.</li><li>The latter does a lot more cheerleading for "President Trump's promise for a new golden age," although it does cite "prudent process" near the end.</li></ul><p><strong>What they're saying:...

Continue reading

Did this story change how you see things?

Stories like this only matter when people see them. Help us get verified journalism in front of more eyes.

Share this story

Get the daily digest

Save for later

The Verity Ledger curates verified investigative journalism from trusted sources only.

See our sources