The national average price of regular gasoline is more than $3.54 a gallon, an increase of more than 45% under President Joe Biden, AAA reported Wednesday.
Gasoline prices rose 20 cents ($3.34) last month, about $1 ($2.38) more than when Trump left office.
Gasoline prices remain high and could rise further due to industry and political factors.Biden’s economic war on U.S. energy independence in a volatile climate middle east In Ukraine it is an important factor.
According to Goldman Sachs, gasoline prices are arrival $4 by May.
“There are a number of factors that are driving oil prices higher, namely the expectation that OPEC+ will continue to cut production. Tensions are also rising in the Middle East, which is also leading to higher prices,” says Ines Ferre of Yahoo News. reported on Wednesday.
Consumers are experiencing rising costs.
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Matt Purdy/Breitbart News
“I had to buy this car here because gas prices have gone up. This is saving me money on gas. I used to have a truck and pumped almost every day, but now every other day. ” said California resident Jose Torres. Said KFSN.
“I don’t see this situation going downhill,” said Jay Young, CEO of King Operating Corporation. Said NBC 5 in Dallas. “So if you want to drive further this summer, be prepared to pay more. Unfortunately, be prepared to pay extra.”
GasBuddy’s head of oil analysis Patrick de Haan said consumers need not worry. “We’re basically as right as we tend to look,” he says. Said ABC News.
Breitbart News reported that gas prices are high even by historical standards, saying, “The very low gas prices seen during the pandemic lockdown (when the weekly national average gas price fell below $1.80) It’s not just a comparison.” The average price of gasoline in 2018 was approximately $2.72 per gallon. The average for the following year was $2.60.
The national average for regular gasoline is $3.54 a gallon, up 20 cents in the past month and almost 50% since President Biden took office.
In many states, the average price is well above $4 per gallon. pic.twitter.com/hSmPO2mHmB
— RNC Research (@RNCResearch) April 3, 2024
Wendell Husebo is a political reporter for Breitbart News and a former Republican war room analyst.he is the author of politics of slave morality.Follow Wendell “X” @WendellHusebø or society of truth @WendellHusebo.
