What's Joe Going to Do Now? Gas Prices Projected to Go up Again
When gas prices were skyrocketing and hitting their highest numbers this past summer, Joe Biden tried to blame the rise on “Putin’s price hike,” claiming it was due to Vladimir Putin having Russia invade Ukraine. Now, that was just an outright lie since gas prices had been going up since Biden took office, long before the invasion of Ukraine. But that didn’t stop Joe Biden, it wasn’t his fault. It didn’t occur to him that blaming Putin made him look even weaker, as though Putin could dictate American prices and Biden was completely at his mercy.
But then when prices started dropping, the Biden team started taking credit for that, even though the price of gas was still far higher than when Biden took office. So when they were going up, he refused to take the blame, but when they were going down, he wanted to take all the credit. Rather than stopping the attack on our energy industry and putting in sensible policies, Biden blamed gas companies for the high prices, accusing them of price gouging. He couldn’t explain why they were “gouging” under him but not under President Donald Trump. Then he started swiping from our Strategic Petroleum Reserve so as not to have the prices too high going into the election. He even begged the Saudis to put off a production cut so it wouldn’t have an effect until after the election. Republicans won the House anyway and now that the swiping is ending, prices have already been inching up again in some places.
Listen as Biden tries to convince you that even though prices are still far higher than when he started office, he’s saving you “hundreds of dollars a month.”
It’s like taking credit for slowing the ongoing fire that you helped to ignite.
So what is Biden going to say and do now that the prices are going up again since he didn’t change his harmful policies to truly deal with the situation?
Gas Buddy said that 2022 will close with a yearly national average for gasoline of $3.95 a gallon, the highest yearly average recorded, according to Patrick De Haan. But the prices are expected to go up as high as $4 as we hit the spring and the demand goes up once the weather gets better. Gas Buddy said that they were projecting it would go down again when the demand drops later in the year, but that would depend on many variables including the recession.
“2023 is not going to be a cakewalk for motorists. It could be expensive. The national average could breach $4 a gallon as early as May – and that’s something that could last through much of the summer driving season,” said Patrick De Haan, the head of petroleum analysis for GasBuddy.
“Basically, curveballs are coming from every direction. Extreme amounts of volatility remain possible, but should become slightly more muted in the year ahead,” he added. “I don’t think we’ve ever seen such an amount of volatility as we saw this year, and that will be a trend that likely continues to lead to wider uncertainty over fuel prices going into 2023.”
California is likely to be the worst and could have $7 gas prices again if there are more problems and refineries have trouble with California’s regulations.
What happens if we have a true emergency now that Joe Biden has so seriously depleted our emergency supply? It’s at the lowest level in forty years.
Biden has jeopardized our national security with what he’s done, and he can no longer rob from the savings account to artificially decrease the prices. He’s stuck in a hole now if something truly bad happens.
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