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Americans should brace for ‘real pain’ at the gas pump

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A spike in gas prices will likely begin in March, according to Patrick De Haan, the head of petroleum at GasBuddy. De Haan says all Americans may soon be facing California-esque gas prices.

Biden’s rising inflation could push gas prices for regular unleaded fuel to above $4 a gallon. “We’ll start to see gasoline demand surge, along with refiners doing maintenance ahead of the summer driving season, creating a squeeze” De Haan told Fox Business.

Earlier this month, GasBuddy projected the national average price for a gallon of gasoline could climb to a high of $4.13 in June. California cities could have average costs of over $5. Currently the nationwide average is $3.314 per gallon according to the American Automobile Association.

The highest-priced gas averages are $4.650 in California, and Texas sits at the lowest average of $2.942. Nonetheless, U.S. drivers are being warned to expect “real pain” at the pump when the spring travel surge begins.

Inflation is currently at the highest level in almost 40 years. Last week the Labor Department said the consumer price index has risen 7 percent over the last year. President Biden has called inflation “a global challenge” and attempted to claim the latest numbers are good news, point to a monthly rate of price increases around December.

After the report came out, Biden said, “Today’s report—which shows a meaningful reduction in headline inflation over last month, with gas prices and food prices falling—demonstrates that we are making progress in slowing the rate of price increases.”

“At the same time, this report underscores that we still have more work to do, with price increases still too high and squeezing family budgets” Biden did admit.

Daily Mail reports “nationwide, gas prices did drop 2.2 percent in December from the prior month, but remained 50 percent higher than a year ago. Food prices were up 0.5 percent on the month and 6.3 percent higher than a year ago, making it unclear what falling food prices Biden was referring to.”

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2 Comments

2 Comments

  1. Steven

    January 19, 2022 at 6:39 pm

    This is all intentional, to force Americans to switch from gas powered vehicles to electric.
    This is just the start. In five years, you may not be able to buy gasoline at all. This is the intent, and Hillary Clinton is planning to run for President. Her plan was to put a lot of coal miners out of work, so they (Democratic Party and climate activists) are going after coal, petroleum, and likely natural gas as well, switching completely to electric and renewables.

  2. Bill Halcott

    January 20, 2022 at 8:58 am

    Stop the lying thieving democrat war on energy if you want to stop inflation. Hyperstagflation next. Three more years of this. If we survive.

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Elections

Report: Beijing’s military hacked U.S. nuclear firm before Hunter Biden aided Chinese bid to acquire it

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A bombshell report by Just the News explains that “U.S. officials were acutely aware that Beijing was trying to obtain America’s premiere nuclear reactor technology, including through illicit hacking, months before Hunter Biden and his business partners sought to arrange a quiet sale of an iconic U.S. reactor company to a Chinese firm, according to court records and national security experts.”

Hunter Biden attempted to assist CEFC China Energy to acquire Westinghouse, one of America’s most famous electricity and appliance brands, as well as its state-the-art AP1000 nuclear reactor.

Hunter began his work with the Chinese company in early 2016 – while Joe Biden was the sitting Vice President – memos show. According to a copy of the indictment, just 20 months earlier, his father’s Justice Department charged five members of a Chinese military hacking unit for breaching the company’s computer systems in search of intellectual property and internal strategy communications.

Just the News reports:

In May 2014, the five operatives of the People’s Liberation Army’s Unit 61398 were charged with hacking into the systems of six U.S.-based companies across different industrial sectors, including Westinghouse Electric Co., SolarWorld, United States Steel Corp., and a union. The attorney general at the time, Eric Holder, called the breach a classic case of “economic espionage.”

One operative gained access to Westinghouse’s computers in 2010 and “stole proprietary and confidential technical and design specifications related to pipes, pipe supports, and pipe routing” pertaining to the company’s advanced AP1000 nuclear reactor design, according to an indictment filed by the Department of Justice.

“Among other things, such specifications would enable a competitor to build a plant similar to the AP1000 without incurring significant research and development costs associated with designing similar pipes, pipe supports, and pipe routing systems,” the indictment reads.

Just the News notes that while there is no evidence at the moment that Hunter Biden was aware of or involved in the hacking efforts by the Chinese, documents previously released by Congress in the Biden impeachment inquiry show Hunter Biden wrote in one text message in 2017 that he believed one of the CEFC officials he worked with, Patrick Ho, was the “f—ing spy chief” of China.

Ho was later indicted in the U.S. and charged with corruption. Joe Biden’s brother James told the FBI he believed CEFC Chairman Ye Jianming had a relationship with China’s communist president.

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