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Thanksgiving gas prices are at least $ 1.20 higher than last year


The national average gas price at Thanksgiving 2021 is at least $ 1.20 higher than last year’s Thanksgiving.

According to AAA, Thursday’s national average is $ 3,397. Last year on Thanksgiving, the price was $ 2,116.

Since October, the national average price of gas has increased by around one cent. The price was $ 3.387 in October, lower than the November average.

The November price hike is part of a trend that has intensified since President Joe Biden’s presidency.

The price of gas has risen mainly because of Biden’s war on US energy. In January 2021, Biden canceled the Keystone XL pipeline.

In this photo from November 3, 2015, the Keystone Steele City pumping station, to which the Keystone XL pipeline is to connect, is seen in Steele City, Neb. (AP Photo / Nati Harnik).

The Keystone XL pipeline was supposed to transport 830,000 barrels per day of oil sands crude from Alberta to Nebraska, but the project has been delayed for the past 12 years due to opposition from US landowners, Native American tribes and environmentalists, “Reuters reported.

Biden is also wondering if he should cancel the 78-year-old Line 5 pipeline in Michigan. The pipeline could be canceled due to what Indian tribes have called an “existential threat to [their] fundamental rights, resources and way of life protected by treaty.

Governor Gretchen Whitmer (D-MI) has already “revoked and terminated” the pipeline easement and demanded that the line be closed by spring.

Meanwhile, Biden allowed Russia to increase its oil exports to Europe by building an oil pipeline between Russia and Germany. The project is devastating for American producers who sell the merchandise in Europe.

Thanksgiving gas prices are at least $ 1.20 higher than last year

US President Joe Biden (left) meets with Russian President Vladimir Putin (right) at “Villa la Grange” in Geneva on June 16, 2021 (MIKHAIL METZEL / SPUTNIK / AFP via Getty Images).

Biden blamed the high gas prices not on his policies, but on the oil companies that drive up prices. Last week, Biden called on the Federal Trade Commission to investigate the oil companies for “anti-competitive behavior.”

“The Federal Trade Commission has the power to review whether illegal driving costs families at the pump,” Biden wrote. “I think you should do it immediately. “

To artificially lower prices for American workers and families, Biden freed oil from United States oil reserves.

Oil reserves were replenished in 2020 by President Trump, who was criticized by then-candidate Kamala Harris for bailing out oil companies because of supply.

The oversupply of oil was hurting US producers and US energy independence.

Follow Wendell Husebø on Twitter @ WendellHusebø.



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