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Biden’s Gas Crisis Worsens

by Market FinancePosted onFebruary 28, 2022February 28, 2022

These prices are becoming unaffordable.

President Biden and White House Press Secretary Jen Psaki both admitted that gas prices were going to go higher thanks to the war in Ukraine and we’re already seeing their words come true.

Now, it appears that the average U.S. price of a gallon of regular-grade gas in America has spiked 10 cents in just the last two weeks making the national average $3.64 per gallon.

According to Fox, Industry analyst Trilby Lundberg of the Lundberg Survey confirmed that this new spike in gas prices were attributed to the global supply concerns following Russia’s invasion of Ukraine.

The San Francisco Bay Area is currently paying the highest for a gallon of gas which is at $4.86 per gallon. Houston is paying the least which stands at $3.14 per gallon.

President Biden needs to ramp up oil production in the U.S. however he does not appears to want to and wants to instead promote green energy.

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