U.S. gasoline prices are the lowest they have been since January since 2021
Gasoline Prices Under Biden (2021-2024)
- Peak Prices: Gas prices reached record highs under the Biden administration, peaking at a national average of over $5.00 per gallon in June 2022.
- Over the course of the administration, prices generally remained higher than in previous years
- When Biden took office in January 2021, the average was around $2.39, meaning prices more than doubled at their peak in 2022.
- High prices were driven by the post-COVID economic surge, supply issues, and the Russian invasion of Ukraine, while recent declines are attributed to increased production and market realignment.
- Moreover, in September 2019, while campaigning in New Hampshire, Joe Biden had an exchange with a 24-year-old climate activist ...During this encounter, Biden took the activist's hand, referred to her as "kiddo," and made a direct, emotional pledge to her, saying: "I guarantee you. I guarantee you we're going to end fossil fuel … before 2050, God willing." Just a thought.
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