New Projection Reveals When Gas Prices Might Soar Back Over $4 A Gallon

Well, now that Christmas is over and all of the warm and fuzzies are now fading back to the dull drudgery of every day life, it’s time to get back to reality, which means facing the facts that we have a commander-in-chief sitting behind the Oval Office who is destroying this country and the economy with horrendous policies.

To illustrate the point, the Daily Wire stated that new projections indicate the price of gas could once again draw near or even surpass $4 a gallon as soon as next May, according to data gleaned by GasBuddy and shared with everyone’s favorite faux news outlet, CNN.

Happy New Year, ladies and gentlemen.

“The national average price for gasoline is currently $3.10 per gallon, according to data from AAA. Prices surpassed $5.00 per gallon in June; although costs are not projected to reach such levels, they could see a significant increase in the coming months,” the report said.

“2023 is not going to be a cakewalk for motorists. It could be expensive,” GasBuddy Head of Petroleum Analysis Patrick De Haan stated during an interview with CNN. “The national average could breach $4.00 a gallon as early as May, and that’s something that could last through much of the summer driving season.”

The Daily Wire continued, “Gas prices, which had already risen precipitously since the beginning of 2021, saw another increase following the Russian invasion of Ukraine in February. White House officials have pinned the blame for high gas prices on Russian President Vladimir Putin and domestic fossil fuel producers. ‘It is also important that the oil and gas and refining industries in this country not use the challenge created by the war in Ukraine as a reason to make things worse for families with excessive profit taking or price hikes,’ Biden said earlier this year.”

The White House also made the claim that the decline in gas prices from record highs over the summer due to policies that were advanced by the president. Yeah, I’m sorry, but no. You can’t expect Americans to give Joe Biden a clap on the back for a job well done when the mess would never have existed in the first place if he hadn’t shut down the Keystone XL Pipeline and made it extremely difficult for people to get permits to drill for oil.

“Every month, the typical two-driver family saves about $120 at the pump compared to where we were in mid-June,” White House Press Secretary Karine Jean-Pierre went on to say back in October. “Every day, Americans save about $420 million at the pump compared to mid-June.”

As the price of gas continued to increase at the beginning of the year, many consumers indicated they would likely alter their driving habits in order to try and save a few bucks at the pump. As many as 66 percent of drivers in the country stated in the spring that they would make “significant changes to their driving patterns” if the national average cost of gas was between $4.12 per gallon and $4.35 per gallon, a poll conducted by Yahoo revealed.

The tumult in gas prices nevertheless failed to dissuade Americans from traveling at record levels during the Christmas season. Nearly 102 million Americans planned to drive to their holiday destinations, marking an increase of 2 million drivers since last year, according to data from AAA,” the Daily Wire added.

“Basically, curveballs coming from every direction,” De Haan continued in the interview conducted with CNN. “I don’t think we’ve ever seen such an amount of volatility as we saw this year.”

The Daily Wire report concluded by saying, “Fuel prices vary considerably across the country: residents of California are currently paying $4.37 per gallon, according to data from AAA. Governor Gavin Newsom (D-CA) recently attempted to pass a ‘price gouging penalty’ that would have compelled oil companies to reduce their profits to avoid a civil penalty from the California Energy Commission. House Speaker Nancy Pelosi (D-CA) voiced support earlier this year for legislation that would allow Biden to declare an ‘energy emergency,’ granting him the ability to regulate prices by preventing fuel companies from selling their products at rates deemed to be “unconscionably excessive.”

Notice: This article may contain commentary that reflects the author's opinion.

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