"Rising Gas Prices Under Biden Administration: What's Driving the Increase?"

1 min read
Source: Fox Business
"Rising Gas Prices Under Biden Administration: What's Driving the Increase?"
Photo: Fox Business
TL;DR Summary

Gas prices in the U.S. have more than doubled since President Biden took office, despite the White House claiming that costs have fallen for everyday purchases. The national average cost for a gallon of gas is now approximately $3.62, up from $2.39 when Biden was sworn in. Data from GasBuddy shows a steady rise in gas prices, increasing around 25 cents per gallon since the beginning of March. The White House did not immediately respond to inquiries about the matter. In June 2022, the national average cost for a gallon of gas hit $5, the highest since AAA started tracking the data in 2000.

Share this article

Reading Insights

Total Reads

0

Unique Readers

15

Time Saved

2 min

vs 3 min read

Condensed

77%

446104 words

Want the full story? Read the original article

Read on Fox Business