Gas Prices have More Than Doubled Since Biden Took Office

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Gas Prices Have More Than Doubled Since Biden Took Office

BY: TRISTAN JUSTICE
JUNE 06, 2022

Gas prices are now more than double what they were when President Joe Biden took office just 18 months ago.

According to AAA travel agency’s gas tracker, the nationwide average for a gallon of regular unleaded fuel reached a new record of $4.87 on Monday, a 101 percent increase from the $2.42 when Biden was inaugurated in January 2021. Prices for diesel also hit a new high on Monday at $5.65 per gallon.


Speaking in Japan last month, President Biden celebrated the high prices as “an incredible transition” while increasing his push for the Democrats’ energy agenda that prioritizes the suppression of oil and gas production.

“When it’s over, we’ll be stronger and the world will be stronger and less reliant on fossil fuels,” Biden said.

While gas prices approach a nationwide average of $5 per gallon, which could happen within days, analysts at JPMorgan Chase expect an average of $6.20 per gallon by August. California residents are already there, paying an average of $6.34 per gallon to fill up their tanks.

https://thefederalist.com/2022/06/06/gas-prices-have-more-than-doubled-since-biden-took-office/

One of his many contributions to his country.
 
He should immediately sign an EO to eliminate gas prices
He should reverse the anti-energy decisions he initiated on day one at the behest of his anti-American Marxist advisors and handlers who are running the nation into the ground.
 
He should reverse the anti-energy decisions he initiated on day one at the behest of his anti-American Marxist advisors and handlers who are running the nation into the ground.
My idea is better
 
He should reverse the anti-energy decisions he initiated on day one at the behest of his anti-American Marxist advisors and handlers who are running the nation into the ground.
He's opened more drilling than 45.
 
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smdh
 
It hardly needs to be explained, but...gas prices went down under Trump because of the lockdowns - the quantity demanded dropped like a rock, so the price did too. Now people are buying more gas, so the price is increasing. Econ 101.
Oh, and thanks to oil company subsidies that Biden has not touched and likely never will, gas is still much cheaper in the US than anywhere else on earth.
 
It's funny... Biden takes credit for the good things in the economy - full employment and steady growth. But suggest he take responsibility for the bad things and you're a heretic.

It's like thanking god for good things, but not blaming him for the bad.
 
Johnny, that's why we have The Devil and Orange Man Bad...

:devil:
__________________________________________
Democrat born. Democrat bred. Libertarian led (by Democrats).
 
It hardly needs to be explained, but...gas prices went down under Trump because of the lockdowns - the quantity demanded dropped like a rock, so the price did too. Now people are buying more gas, so the price is increasing. Econ 101.
Oh, and thanks to oil company subsidies that Biden has not touched and likely never will, gas is still much cheaper in the US than anywhere else on earth.
They went down before the pandemic...

Then they skyrocketed when Biden took the oath of office while we were still in lockdown
because he stated openly, and with pride, what his policies were going to be.

:rolleyes:
__________________________________________
Democrat born. Democrat bred. Libertarian led (by Democrats).
 
Unless you're a Redskins fan...

Oh. I'm sorry. A fan of
The Football Team.

:p
__________________________________________
Democrat born. Democrat bred. Libertarian led (by Democrats).
 
They went down before the pandemic...
They did drop in 2019, but that was at least partially because they spiked at the end of 2018. At the end of 2019 - that is, immediately before the pandemic - they were just about exactly where they'd been two years earlier.
 
It hardly needs to be explained, but...gas prices went down under Trump because of the lockdowns -

Shit was down and life was good before the Democrats tried to destroy the economy.


the quantity demanded dropped like a rock, so the price did too. Now people are buying more gas, so the price is increasing. Econ 101.

You left out killing off pipelines, exploration, drilling and then making transport as difficult as possible.

Oh, and thanks to oil company subsidies that Biden has not touched and likely never will, gas is still much cheaper in the US than anywhere else on earth.

Oh... he decided not to hot pepper sauce on the dry fucking he already is giving us.... I suppose you think we ought to be thankful?? LOL

Unreal....
 
He keeps hot sauce in his purse.

Hillary taught him that right after, "Ah ain't nowhere's tired..."
__________________________________________
Democrat born. Democrat bred. Libertarian led (by Democrats).
 
It's funny... Biden takes credit for the good things in the economy - full employment and steady growth. But suggest he take responsibility for the bad things and you're a heretic.

It's like thanking god for good things, but not blaming him for the bad.
Use your brain. Gas prices are up in all countries while had companies are making record profits.

Ffs, stop being a moron.
 
Their profit margins are not setting records.

You are an economic illiterate.
__________________________________________
Democrat born. Democrat bred. Libertarian led (by Democrats).
 
They went down before the pandemic...

Then they skyrocketed when Biden took the oath of office while we were still in lockdown
because he stated openly, and with pride, what his policies were going to be.

:rolleyes:
__________________________________________
Democrat born. Democrat bred. Libertarian led (by Democrats).
Nice revisionist history. But the Locksley has a huge effect on prices.

And how are oil companies making record profits? And why are prices up astound the world?
 
Their profit margins are not setting records.

You are an economic illiterate.
__________________________________________
Democrat born. Democrat bred. Libertarian led (by Democrats).
No, but since you're ignorant and a liar your opinion doesn't matter.

"As households around the globe struggle with rising energy bills, some of the world's leading oil giants reported record profits for the first three months of this year."

https://www.usatoday.com/story/money/economy/2022/05/07/oil-company-record-profits-2022/9686761002/
 
Dumbass...

Well, under the Biden Green Policies, the costs went up drastically for oil
and they had to pass the cost onto the customer who is always
the one who gets fucked under Progressive Green Dreams.

My only consolation is that the policies you are championing
are fucking you too with every purchase you make.
You might as well accuse Kellog's of
making record profits...

Jesus you are economically ignorant and happily so as long as your team is "winning."
__________________________________________
Democrat born. Democrat bred. Libertarian led (by Democrats).
 
A profit is not a profit margin.

What part of that are you purposely being stupid about?
__________________________________________
Democrat born. Democrat bred. Libertarian led (by Democrats).
 
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