NEW YORK POST:
Sen. Chuck Schumer slammed President Trump on Wednesday for soaring gas prices — blaming his decision to reimpose sanctions on Iran for higher costs that he said will burn away the GOP tax cut.
“Gas prices will roughly cancel out the 2018 consumption boost from the tax cuts,” Schumer said at an Exxon gas station on Capitol Hill.
“That’s right, whatever meager benefit working families may have seen from Trump’s tax scam for the rich has been wiped out by the gas prices that President Trump is responsible for.”
Schumer argued that Trump’s move earlier this month to reinstate economic sanctions on Iran spooked oil markets, sending prices through the roof.
AAA predicts Americans this summer will pay the highest prices at the pump since 2014.
The average US price Wednesday was $2.947 a gallon.