Staff Reports
The nationwide average price for regular gas has skyrocketed to an eye-watering $3.54 a gallon, marking an astonishing increase of over 45 percent since President Joe Biden stepped into the Oval Office. And if that’s not enough to make you want to cry into your gas tank, just know that in the past month alone, gas prices have jacked up by 20 cents, standing at a jaw-dropping $3.34. To put the cherry on top of this gas-guzzling nightmare, it’s being reported that gas is now a whole dollar more expensive than when Donald Trump exited the White House, sitting at a painful $2.38 a gallon.
Nationwide Gas Prices Top $3.50, Spiking More than 45% Under Joe Biden https://t.co/bUKvbzr8Uv
— Kevin O'Grady (@StabbinCabinMan) April 4, 2024
So, why is this happening, you ask? Well, buckle up, because the blame is being pointed straight at President Biden. His policies have sent shockwaves through the American energy industry, effectively declaring a full-scale economic war on our country’s energy independence. And if that weren’t enough, instability in the Middle East and Ukraine isn’t helping matters one bit. Talk about a one-two punch straight to your wallet!
If you thought things couldn’t get any worse, think again. Goldman Sachs is predicting that gas prices could surge all the way up to a mind-boggling $4 by May. That means saying goodbye to those extra dollars in your pocket and hello to handing them over at the pump every time you fill up.
The pain at the pump is being felt nationwide, with consumers feeling the squeeze of this skyrocketing cost. Just ask Jose Torres, a California resident, who had to give up his trusty truck for a more fuel-efficient car just to keep up with the rising gas prices. And he’s not alone in his struggle. This isn’t just an inconvenience – it’s a punch in the gut for hardworking Americans who are already struggling to make ends meet.
And if you’re hoping for some relief in the near future, don’t hold your breath. Industry experts are warning that gas prices are unlikely to come back down anytime soon. In fact, Jay Young, CEO of King Operating Corporation, has advised everyone to brace themselves for even higher prices. It’s like a bad horror movie – just when you think it can’t get worse, it does.
But not everyone is ringing the alarm bells. Patrick de Haan, the head of petroleum analysis at GasBuddy, is trying to assure consumers that everything is fine and dandy. But let’s be real here – when you’re shelling out close to four bucks for a gallon of gas, it’s hard to maintain that sunny outlook.
The pain at the pump is hitting hard, and it’s not looking like there’s going to be relief anytime soon. It seems like we’ll all need to start budgeting for our gas purchases like it’s the next great recession. Oh, the joys of living in Biden’s America!
