Biden Sent Spinning By Gasoline Prediction – By Late Spring, National Prices Could Break $4 Per Gallon
Joe Biden just tweeted his first-year economic success is the best in 50 years. And the world laughed in his face. Biden’s far-left policies have hurt Americans on nearly every economic front. And he appears far from being finished.
One of his biggest blunders was hamstringing America’s energy dominance. He slowed down American fuel production, putting us at the mercy of foreign powers. Meanwhile, he helped Russia gain more access to oil by greenlighting their Nordstream 2 Pipeline.
Democrats even bragged after Joe’s “efforts” that prices had started to creep back dow, when in reality they had only come down about a dime after going up over a dollar in the year. But now, some economists predict things won’t be getting better next year.
Gas prices could climb to a national average of $4.00 per gallon by late spring of 2022, according to a report by GasBuddy, a company that tracks fuel prices across North America…
“A national average of $4 per gallon is possible this spring, largely due to pandemic recovery and rising demand before relief, or additional oil supply, arrives later in 2022,’” GasBuddy wrote in a newsletter accompanying the report.
A report reveals that national gas prices could be as high as $4.00 a gallon by next Spring. That means, in some regions, it will be even higher due to restrictions, fees, and taxes. This is the result of ongoing supply issues, triggered by the Biden administration.
Many believe Biden created the fuel crisis by banning drilling on federal land. He also killed plans to build a new pipeline, which would have brought billions into the country. And let’s not forget that massive hack against another pipeline that supplied fuel to the East Coast—something Biden’s FBI should have stopped.
Despite this ongoing crisis, Biden appears to be doing very little to help. He hasn’t reversed most of his “green” policies that are killing the energy sector. He even twice begged OPEC and other countries to increase fuel. But they only laughed at him.
These kinds of problems always hurt the working class the most. Rich folks don’t even blink when gas prices rise. But working families, even the middle class? This kind of thing puts serious pain on millions of people. Yet Biden appears to be ignoring it.
He did release a few barrels from our strategic oil reserve, and a good portion of it went to China.
- Reports indicate gas prices will continue to rise into next year.
- One estimate says the national average will be $4.00 a gallon.
- This is due to Biden’s ongoing war on American energy.
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