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Gasoline prices rise to 10th straight record day at $4.91

Gas prices climbed to a tenth straight day high of $4.91 a gallon on Tuesday, fueled by President Joe Biden’s war on US energy that includes rising private and public financing costs for oil drilling, l stoppage of drilling on public lands and the cancellation of the Keystone pipeline.

Gas prices rose five cents overnight and nearly 30 cents in a week, AAA data shows. Drivers are paying nearly $2 more than a year ago. Prices have more than doubled since Donald Trump left office.

Pump pain is expected to rise above $6.00 a gallon before Labor Day, according to a JPMorgan commodity analyst. Gas prices are reported to have already hit $10 a gallon in the northern California town of Mendocino.

donald trump warned voters that if Biden won the 2020 election, gas prices would hit at least $7 a gallon. “If Biden came in, you would pay $7, $8, $9. Then they would say “get rid of your car!”

On Monday, White House press secretary Karine Jean-Pierre was asked about Biden’s soaring prices at the pumps, she noted that Americans were enjoying a good deal on gas prices because the Europeans were paying over $8 a gallon.

In 2006, then-Senator Joe Biden criticized the Bush administration for gas prices just above $3. “It’s well over $3/gallon in most of our ridings,” Biden said. “We pay this money, in my opinion, because we don’t have an energy policy.”

Biden’s energy strategy includes plans in July to ask Crown Prince Mohammed bin Salman of Saudi Arabia to pump more oil while he wages war on American energy. However, the New York Times speculates that “the president’s trip to Saudi Arabia is unlikely to reduce oil and gasoline prices, and it’s not clear that anything else he could do would work either.”

Energy Secretary Jennifer Granholm told reporters Thursday that U.S. drivers will have to pay at least $4 a gallon for the foreseeable future. “The price of gas should stay above $4 a gallon,” she estimated based on data from the Department of Energy.

According to a Sunday poll, 74% of those polled said Biden’s soaring gas prices are an “extremely/very important” factor in how they will vote in the midterm elections. Biden’s approval of his handling of gas prices is just 27%.

Follow Wendell Husebo on Twitter and Gettr @WendellHusebø. He is the author of Politics of Slave Morality.


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