U.S. gas prices hit 7-year high amid Biden’s energy crackdown

[ShyBiGuy954]

U.S. gas prices hit 7-year high amid Biden’s energy crackdown

https://www.oann.com/u-s-gas-prices-hit-7-year-high-amid-bidens-energy-crackdown/

Gas prices have hit a seven-year high amid Joe Biden’s crackdown on energy production in the U.S. On Tuesday, average national gas prices rose to $3.15 per gallon of regular unleaded fuel.

The highest price of all U.S. regions was recorded in the San Francisco Bay Area at $4.33 while the cheapest gas was found in Louisiana at $2.63 per gallon.

According to economists, Biden’s bans on Keystone XL Pipeline and drilling on federal lands contributed to the rise in fuel prices amid the summer driving season. They also noted gas shortages are possible and there’s no sign of letting up.

Overall, U.S. gas prices are currently 42 percent higher than they were a year ago and are at their highest since 2014. When adjusted for inflation, current gas prices are getting close to what they were during the oil crisis of 1970.

 

[ll74]

There's nothing about Biden's policy, enacted, which have caused gas prices to go up...sorry.

According to economists,

I love this quote. Which economists? What did they say? This is the biggest load of shit. Keystone wasn't going to lower gas prices or even increase our fuel reserve. And him pausing drilling on federal land didn't have any bearing on the backlog of drilling already in the pipeline. (Not to mention most fracking is on private land)

Only thing contributing to gas prices are shipping bottlenecks and Covid related resource constraints backing things up. That is enough for speculators to drive up prices.

 

[pecksniff]

This is the biggest load of shit.

Of course it is, it's OANN.