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April 18, 2024 at 5:53 pm

War on Gas: Biden Dramatically Increases Oil Drilling Costs in Heartless Move…

Oil_Prices_Gas_Prices_at_the_punp
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by Warner Todd Huston at The Western Journal

Even as gas prices were already skyrocketing, putting a bigger burden on Americans, President Joe Biden is now ramping up his war against oil by instituting an increase of 33 percent on gasoline production by raising government fees and other obligations, some for the first time in more than 60 years.

As Americans suffer through one of the worst economies in decades, they are finding the costs of everything soaring. Gasoline has been a particular burden this year as prices have skyrocketed more than 14 percent over the last few months, ABC News reported.

While many areas have far higher prices (it is $4.10 in Chicago where I live), the average national per gallon price is $3.63, according to CBS News.

That compares with $2.26 a gallon when Trump left office. Indeed, according to Forbes, the prices when Trump was in office were mostly lower than Obama’s years and fully lower than Biden’s tenure and even lower than the last year of George W. Bush’s last term.

Forbes added that Trump’s per-gallon cost average was $2.57 a gallon, Obama’s was $3.12 in term one and $2.95 in his second. Biden’s average thus far was $3.60 as of early March…

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