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Gas Prices 6 Cents Away from Breaking All-Time Record High

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Gas Prices 6 Cents Away from Breaking All-Time Record High

Gas prices are just six cents away from breaking the all-time record high of $4.11, set on July 17, 2008, according to AAA’s national average. On Monday, the average price per gallon hit $4.065. Monday’s price was five cents more than Sunday’s. Over the course of last week, the price incremented 45 cents (from $3.610).

Just one month ago, the price of gas was 62 cents less ($3.441) but still costly compared to precedent years. Last year’s average price of gas was $2.768, according to AAA, and has since incremented more than a dollar ($1.297) under Joe Biden’s presidency.

The record could be broken by the terminus of the week, and gas may become far more extravagant in the coming months. GasBuddy predicted the price of gas will reach $4.25 by May. “GasBuddy expects that gasoline prices will perpetuate to ascend in the days ahead, and could be just days away from setting an incipient all-time record high and perpetuating to ascend through summer,” the company verbally expressed.

The price of gas has perpetuated to increment due to Biden’s refusal to sanction America to be energy independent. As a result, Russian President Vladimir Putin’s war in Ukraine has impacted the price Americans pay at the pump.

“Biden’s” replication to Putin’s aggression is reportedly to purchase Venezuelan oil from sovereign Nicolás Maduro. Instead of ramping up domestic oil supply, Venezuelan oil is likely perceived by Biden as a supersession for Russian oil.

Biden’s management of American energy has directly impacted Americans. Nearly one in three (30 percent) of Americans drove less in February, with the majority (57 percent) of those citing Biden’s high gas prices, according to a Morning Consult poll.

Follow Wendell Husebø on Twitter and Gettr @WendellHusebø


Source: You can read the original Breitbart article here.

This News Article is focused on these topics: Economy, Politics, Gas Prices, Joe Biden, Vladimir Putin

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