Biden's expensive energy policy

 Newsmax:

Gasoline prices in the United States have soared to a six-month high, reaching an average of $3.60 per gallon, marking a more than 50% increase since President Joe Biden took office, Breitbart reported.

Over the past month alone, pump prices have surged by more than 20 cents a gallon, leaving consumers feeling the pinch. The current average price is over $1 higher than when former President Donald Trump left office, at $2.38 per gallon.

Various factors contribute to the escalating costs, with industry experts warning that prices could continue to climb. Biden's policies, aimed at reshaping the nation's energy landscape, are being closely scrutinized amid ongoing instability in regions like the Middle East and Ukraine.

Goldman Sachs has projected that gas prices could hit $4 per gallon by May, with some analysts even suggesting the possibility of prices reaching $5 per gallon or more in the near future.
...

The prices are already at the higher level in California.  When you add the higher cost of gas to the higher cost of food and housing under Biden the cost of living becomes a serious problem for Biden and the 
Democrats.  The energy price hikes appear to be deliberate because of the Dem's anti-energy policies.  The higher food prices are a result of inflation caused by Biden's reckless spending and also by the higher production cost as a result of the higher gas prices.

Comments

Popular posts from this blog

Should Republicans go ahead and add Supreme Court Justices to head off Democrats

29 % of companies say they are unlikely to keep insurance after Obamacare

Bin Laden's concern about Zarqawi's remains