Are Gas Prices About to Skyrocket Again?
It is safe to say that since Biden became president, prices at the pump have been crazier and more volatile than a romantic relationship with Amber Heard. Inflation is at a 40-year high across the board and gasoline prices are up almost 60% compared to Trump’s final year in office. However, it should come as no surprise that gas prices have risen under Biden’s administration.
During his 2020 presidential campaign, Biden famously told a gathering of supporters, “I guarantee you, we’re going to end fossil fuels.” Then, upon assuming office, Biden halted the issuance of new oil and gas leases on federal lands and waters. This was in addition to the cancellation of the Keystone pipeline, which could have delivered up to 830,000 barrels of oil per day.
Instead of supporting America’s energy providers, the President chose to make the US more dependent on oil from Saudi Arabia and other OPEC nations so that he could appease the radical “Green New Deal” crowd. The President’s decision, however, has dramatically backfired, and now we all have to pay the price. Literally.
#gasprices #politics #economy
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