Bidenomics: Memorial Day Gas Prices Haven’t Been This High Since Obama

Joe Biden’s administration really is turning into a more radical, less successful expansion of Barack Obama’s third term. He even managed to raise Memorial Day gas prices to nearly the same level Obama had them seven years ago.

And people are noticing. As actor James Woods noted, “And they’ve only just begun…”

Americans are feeling at the pump and in their pocketbooks on one of the most travel-heavy weekends of the year. Complaints are flooding social media, but according to the Biden administration, the prices really aren’t going up. Don’t believe your lying eyes, they say. Here’s White House Press Secretary Jen Psaki’s spin…

White House @presssec tells consumers in statement blasted out just now that, “in real terms,” they’re not paying more for gas. pic.twitter.com/kMurdkNGaQ
— Philip Melanchthon Wegmann (@PhilipWegmann) May 28, 2021

Newsmax reported the rise in prices hit its highest point since 2014:

Americans will hit the road this holiday weekend with the highest gasoline prices in seven years and the White House promising to monitor fuel costs.

The national average price at the pump hit $3.045 per gallon this month, the highest since 2014, and was just a 10th of a cent below that on Friday, according to data from auto club AAA.

“The President knows that gas prices are a pain point for Americans,” White House Press Secretary Jen Psaki said in a statement Friday. “President Biden is opposed to any proposals to raise the gas tax. And it’s why we will continue to monitor prices, and are glad that Americans can get on the road again.”

Gasoline demand is roaring back close to levels seen before the pandemic as the world’s largest economy opens up and avid drivers take to the roads after a year of lockdowns and restrictions.

Summer gasoline demand may average out to normal, with some weeks above record levels at 10 million barrels per day, said Patrick De Haan, head of petroleum analysis at GasBuddy. Any disruption to refinery supplies in the form of a hurricane or unexpected outage could send prices surging.

“The worry is that any hiccup could be made worse by the truck driver shortage, leading to slow restorations and further price implications,” De Haan said in an email.

The weekend before the Memorial Day holiday on Monday typically marks the start of the U.S. driving season.

There are three narratives floating around mainstream media right now: 1) Gas prices aren’t technically high when you apply creative math, 2) Blame Trump, 3) Blame Israel. None of them are pointing a finger where it belongs, on Joe Biden.

So you believe if Trump had been re-elected gas would be close to $3.00 per gallon?

Or more. In the short run our gas prices are a function of crude oil prices and the pipeline issues.

Crude is up mostly because the world economies are restarting. I see no reason crude should be cheaper than before the pandemic.

If the economy came back faster gas would be even more expensive.

When our energy resources use are prohibited from being used by political edict, that curiously benefits Russian oil supply
http://www.freerepublic.com/focus/f-news/3963509/posts
Pipe line shut downs affecting our resources and supply. which result in thousands losing jobs and reliance on costly imports from foreign sources. Denying our energy resources use which if fully developed would turn out to be a major source of income when exported also gives Russia control over Germany .
Disasterous results should be expected when such edicts are issued . Those who order and support such decisions should be impeached beccause of the serious damage being done to the economy.

Every chance I get, a sticky note goes on a gas pump.

I ought to start doing that. I am a businessman, I Door Dash for a living, it pays everything from my bills, my rent, car and living expenses. I just want to send a message to those bums who voted for Biden/Harris and those cheating cheetahs that stole the election a huge, big, thanks a heap! /sarc>

Gas is almost twice as expensive now. Sure, even if President Trump won, as the economy came back, I can accept gas going up o like $2.00 or $2.25 but, crap, it is at $3.00 a gallon. I thank God I live in the Ohio Valley, I'm from Pittsburgh and my family up there pay their first born almost. Last time it was this bad, a little worse, is just after I lost my mother in November of 2013. Joe Stolen and Camel Harris, along with Obama behind the scenes are a six legged Doomsday Machine.

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