Gas prices are now higher than they have been since 2014.
Democrats, including the folks who make up the Biden administration, will insist that this is not Biden’s fault and that the president can’t control the price of gas. That argument doesn’t work for two reasons.
First, gas prices were low throughout Trump’s presidency and second, Biden’s first act as president was to shut down the Keystone Pipeline.
CNBC has the details:
Gas prices climb to highest level in more than 7 years as oil surges above $90
Gas prices rose to the highest level in more than seven years Friday, on the heels of the U.S. oil benchmark topping $90 per barrel for the first time since 2014.
The national average for a gallon of gas stood at $3.423 on Friday, according to AAA, slightly surpassing the prior high-water mark of $3.422 from Nov. 8.
Friday’s price means consumers are now paying the most at the pump since Sept. 10, 2014, AAA data shows. The national average stood at $2.44 a year ago.
The rapid rise in prices is contributing to inflationary fears across the economy and is creating a headache for the Biden administration.
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“Gas prices at the pump are up. We’re working to bring them down, but they’re up,” President Joe Biden said Friday within the context of higher prices across the board for consumers.
Biden did not offer specifics on how the administration is tackling elevated prices at the pump. In November, the White House said it would tap the Strategic Petroleum Reserve in a coordinated move alongside other nations to try to ease the burden for consumers.
This is all on Joe.
Gas prices have reached a new 7-year, Biden-era high.
— GOP (@GOP) February 5, 2022
For 5 weeks in a row gas prices have continued to climb.
The cost of gas is skyrocketing, and Biden doesn’t care.https://t.co/LJsk9sDg0K
— GOP (@GOP) February 2, 2022
You know what? Democrats don’t care.
They see your car as nothing more than a polluting machine that’s contributing to climate change.
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