Gas prices continued to climb on Monday, reaching a record high for the sixteenth consecutive day, AAA data shows.
Gas prices have risen about $0.15 since last week and more than $0.55 in one month. Monday’s record-breaking price reached $5.014.
Prices have been soaring since former President Donald Trump left office, more than doubling since January 20. Trump warned gas prices would spike under President Joe Biden’s war on American energy. “If Biden got in, you’d be paying $7, $8, $9. Then they’d say ‘get rid of your car!’” he said in 2020.
Biden’s war on American energy includes driving up private and public financing costs of oil drilling, halting drilling on public lands, and canceling the
In this Nov. 3, 2015, photo, the Keystone Steele City pumping station, into which the planned Keystone XL pipeline is to connect to, is seen in Steele City, Neb. (AP Photo/Nati Harnik).
Biden has blamed the price hike on the Ukrainian war, but gas prices had already reached historic levels before Russia invaded Ukraine.
Fifty-three percent of voters believe Biden is allowing gas prices to soar to force Americans to use less fossil fuel, a Trafalgar Group poll found last week.
According to the Energy Information Administration (EIA), Americans will pay $450 more for gas in 2022 than they did last year on an inflation-adjusted basis.
Follow Wendell Husebø on Twitter and Gettr @WendellHusebø. He is the author of Politics of Slave Morality.
COMMENTS
Please let us know if you're having issues with commenting.