Prices consumers pay for key supplies like gasoline and eggs have decreased significantly since the Biden era.
President Donald Trump pledged to lower the cost of living for Americans when he was on the campaign trail last year, and he appears to be already delivering on that promise. Prices on key goods such as eggs and gasoline have decreased.
Egg prices fell to an average price of $2.92 per dozen last week, as reported by Newsweek. That’s down from a price of $6.55 on January 23rd, the week that Trump took office.
In February, the U.S. Department of Agriculture (USDA) under the new Trump Administration committed to investing up to $1 billion to lower egg prices and combat bird flu. The avian flu was a key factor in the recent price spike, as the domestic eggs supply decreased earlier this year while demands remained the same.
The USDA’s moves to curb prices have included investing in “gold-standard” biosecurity measures, decreasing regulatory burdens, increasing relief to farmers whose flocks decreased due to illness, and temporarily increasing imports and decreasing exports of U.S.-produced eggs.
In mid-March, the White House touted the decrease in egg prices, pointing to the President’s economic policies as the cause. “Americans are continuing to see the benefits as the economic agenda of President Donald J. Trump and his administration comes into focus” the White House noted in a statement.
Gas prices have also decreased significantly year over year. According to AAA, the current national average price for a gallon of regular gasoline is $3.16, down from $3.53 one year ago.
AAA reports that the current per-gallon price across Pennsylvania is $3.261, down from $3.631 one year ago.
Data from 100 Erie, PA, gas stations compiled by the price tracker app GasBudy revealed an average price per gallon of $3.45, 7 cents lower than February and 32.4 cents lower than the same time last year.
GoErie also noted that the “lowest per-gallon price in Pennsylvania Sunday was $2.69 and the highest was $3.95.”
