Posted on 09/21/2022 7:45:57 AM PDT by rktman
With the midterms less than two months away, President Biden will no longer be able to tout falling gas prices.
For the first time in nearly 100 days, gas prices rose, up to $3.681 on Wednesday from $3.674.
After sinking every day for more than three months, US gas prices edged higher – by a penny – to $3.68 a gallon, on average Wednesday, according to AAA.
That ends 98 consecutive days of falling pump prices, the second-longest such streak on record going back to 2005.
The last time the national average price for gasoline rose was June 14, when it hit a record of $5.02. Prices fell every day since then and Thursday would have marked the 100th straight day of declines. (CNN)
“All streaks have to end at some point, and the national average for a gallon of gas has fallen $1.34 since its peak in mid-June,” AAA spokesperson Andrew Gross said in a statement this week. “But there are big factors tugging on global oil prices—war, COVID, economic recession, and hurricane season. All this uncertainty could push oil prices higher, likely resulting in slightly higher pump prices.”
Biden and Democrats had been taking victory laps on falling gas prices, which saw national averages peak to over $5 per gallon earlier this summer.
(Excerpt) Read more at townhall.com ...
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i’ll bitch @ every penny till it’s back to Trump era price $1.99...
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