Overview
- Fox ran a graphic on Monday, Aug. 17 that listed the 'year ago' national average gas price as $4.13 and 'today' as $4.06 and the network broadcast an on‑air correction on Aug. 18 acknowledging the $4.13 figure was wrong.
- On Tuesday, Fox Business reporter Ed Lawrence said the correct August 2025 average was about $3.13 and that prices are roughly 90 cents higher year over year.
- Authoritative data from the American Automobile Association and the Bureau of Transportation Statistics confirm the $3.13–$3.14 August 2025 figure and show prices rose, not fell, over the past year.
- Fox has not explained how the incorrect $4.13 number was produced, and the error prompted sharp social media criticism and commentary accusing the network of partisan misreporting.
- The mistake landed against a wider political backdrop of rising pump prices after U.S. military action involving Iran and Strait of Hormuz disruptions, a dynamic that has made fuel costs a major political issue for the Trump administration.