It Is Official: Biden Breaks Another Sad Record Not Even Jimmy Carter Had Hit
– Rashsd Alkhader
BDO
As inflation continues to spread disaster in America, the country struck a grim landmark in the continued hiking of gas prices
The price for a gallon has doubled since President Joe Biden took office in January of 2021. At that time, the average gallon of gas ran you $2.39, but as of Saturday, that same gallon now costs $4.81, according to AAA.
However, in some places, it is much higher. A Chevron gas station in Mendocino, California was seen charging nearly $10 for a gallon of regular gas on Friday.
Adding to Joe Biden’s list of failures: gas prices have now DOUBLED since he entered office.
Prices were at an average $2.39 per gallon at the start of Biden’s presidency.
The average is now $4.81 per gallon. #BidenGasHike
— GOP (@GOP) June 4, 2022
That price is even up five cents from Friday alone, as Republicans continue to beat the current administration on the pinch at the pump.
“Joe Biden’s war on American energy has forced families across the country to empty their wallets to fill their tanks,” Republican National Committee Chairwoman Ronna McDaniel said in a statement.
Earlier Saturday, gas prices swelled to almost $10 a gallon in parts of California as costs continue to climb.
“Unfortunately,
Biden is doubling-down on his disastrous agenda because he’s not the one paying the price – the American people are,” she added. Meanwhile, the Biden administration has refused to take blame for inflation.
Let’s not forget this at the voting booths all cross America going this day forward and forever. Let’s permanently keep the Democratic Party in our rear view mirror. They hate everything about America’s greatness as well as our constitution. https://t.co/bUtuOjmDV0
— LadyConstance (@LadyConstance8) June 4, 2022
Earlier this week, Press Secretary Karine Jean-Pierre continued to try to coin the phrase “Putin’s price hike” for increasing stress on Americans’ wallets.
“His policies have helped the economy get back on its feet. That’s what his policy has, his policies have done,” Jean-Pierre said. “When we talk about the gas prices right now, this is indeed Putin’s gas hike… We have seen about a 60 percent increase in the past several months because of the amassing and his invasion of Ukraine.”
Also this week, the Biden White House cheered recent efforts from the The Organization of the Petroleum Exporting Countries (OPEC) to ramp up oil output to refuel the country’s refineries – whose stock has reached crisis levels in recent weeks.
The oil coalition on Thursday agreed to add its output by 648,000 barrels per day (bpd) a month in July and August – rather than the 432,000 officials had previously promised.
Average gas price when Joe Biden took office: $2.39
Average gas price today: $4.81
Gas prices have officially DOUBLED under Biden.
— Lance Gooden (@Lancegooden) June 4, 2022
Supplies at the US’ refineries, however, remain low. A U.S. weekly inventory report showed crude stock had fallen by a more-than-expected 5.1 million barrels on Thursday. Gasoline inventories have also dropped to dangerous levels.
All the while, demand for fuel has continued to rise – most recently due to the fact that China’s business hub Shanghai and capital, Beijing, have relaxed COVID restrictions following strict lockdown orders that have persisted for months.
The Chinese government has since vowed to stimulate the world economy.