Connect with us

Politics

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

Published

on

InflationFinal 336372560

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.”

You may like

Continue Reading
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.

Leave a Reply

Your email address will not be published.

Featured

Biden frees Venezuelan President Maduro’s drug dealing relatives in prisoner swap

Published

on

Joe Biden

President Biden freed two of Venezuelan President Nicolas Maduro’s relatives Saturday in exchange for seven jailed Americans. The two nephews of Maduro’s wife Cilia Flores, had been convicted in the United States for drug dealing and sentenced to 18 years in prison, according to the BBC.

According to the report, the swap was in exchange for five American oil executives. Those Americans were “exchanged for two of Mr Maduro’s wife’s nephews, who were serving 18-year sentences in the US on drug charges,” the officials told the BBC. Maduro’s nephews were convicted under the Trump administration and the Venezuelan government claims that they were “unjustly” jailed in the United States.

In a statement from the White House Saturday, Biden said the American’s were  “wrongfully detained.”  He said the American’s  would soon be reunited with their relatives, according to reports.

“Today, we celebrate that seven families will be whole once more. To all the families who are still suffering and separated from their loved ones who are wrongfully detained – know that we remain dedicated to securing their release,” the Biden statement added.

Meanwhile, 13 Republican members of Congress sent a letter to Homeland Security Secretary Alejandro Mayorkas, requesting more information on “the intelligence report” that alleges Maduro is emptying his prisons and allowing them to head to the United States in the caravans that crossing the porous border.

The letter states that the report warns Border Patrol agents to be on the look-out for “violent criminals from Venezuela among the migrant caravans heading towards the U.S.-Mexico border.”

“It has been widely reported that the Venezuelan regime, under the control of Nicolás Maduro Moros, is deliberately releasing violent prisoners early, including inmates convicted of ‘murder, rape, and extortion,’ and pushing them to join caravans heading to the United States,” the letter states.

You can follow Sara A. Carter on Twitter @SaraCarterDC.

You may like

Continue Reading
Advertisement

Trending Now

Advertisement

Trending

Proudly Made In America | © 2022 M3 Media Management, LLC