Connect with us

Subscribe To Breaking News Alerts Mailing List. Enter Your Email Address to Receive a FREE GIFT!

Breaking News

Biden’s America: Gas Prices are Hitting All-Time Record Highs

Published

on

Biden's America: Gas Prices are Hitting All-Time Record Highs -ss-Featured

Currently, gas prices have reached a 14-year high, and its rise will likely not stop any time soon.

The national average for the price of a gallon of gas reached $4.009, which is the highest it’s been since July 2008, as per AAA data.
The rise in demand coupled with the fall ins supply has caused a spike in prices at gas stations, according to AAA.

Given the recent price surge, Americans are now paying 40 cents more than what they did a week ago.
“There are few words to describe the unprecedented rise in gasoline prices over the last week, with massive spikes coast to coast in both gasoline and diesel prices, as oil prices jump to their highest since 2008,” Patrick De Haan, head of petroleum analysis at GasBuddy, said.

“Forget the $4 per gallon mark, the nation will soon set new all-time record highs and we could push closer to a national average of $4.50,” he added. GasBuddy also predicted that gas prices will likely set a new all-time record within just a day.

AAA added that the worst may be yet to come since Russia’s invasion of Ukraine is making many people wary of critical supply shortages.
Over 50% of gas costs are based on oil prices, according to the U.S. Energy Information Administration.

Sign Up For The Gun Carrier Newsletter

Depending on where a person is located, they may already experience volatile upswings in prices. For example, in the states of Illinois, Indiana, Michigan, and Ohio, prices have spiked by 30 cents in just a week, per AAA data.

Meanwhile, California saw an average of $5.343 as of Monday, but there are stations that charge $6 or more per gallon of gas, according to De Haan.

“We’ve never been in this situation before, with this level of uncertainty,” he said.

Up Next:

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

SIGN UP FOR BNA NEWSLETTERS

YOUR EXISTING AD GOES HERE
Patriot Planet Tshirt Ad

Copyright © 2022 Breaking News Alerts. This copyrighted material may not be republished without express permission. The information presented here is for general educational purposes only. MATERIAL CONNECTION DISCLOSURE: You should assume that this website has an affiliate relationship and/or another material connection to the persons or businesses mentioned in or linked to from this page and may receive commissions from purchases you make on subsequent web sites. You should not rely solely on information contained in this email to evaluate the product or service being endorsed. Always exercise due diligence before purchasing any product or service. This website contains advertisements.

Is THE newsletter for…

U.S. CITIZENS CONSERVATIVES TRUE AMERICANS

Stay informed on the latest news developments, breaking stories, and expert analysis from the world of politics. Our kick-ass interviews, podcasts cover a wide range of topics, including discussions on policy, campaigns, and elections are delivered to your inbox 100% FREE!

bottom-logos.jpg

STAY UPDATED WITH BREAKING NEWS ALERTS

Subscribe below and get exclusive content from our top sources. Also, you'll get a FREE gift as a new subscriber.