The average U.S. price of regular-grade gasoline jumped by 5 cents over the past two weeks, to $3.49 per gallon.
The price at the pump is $1.30 higher than a year ago.
Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday the rise comes as the cost of crude oil and ethanol surges.
Nationwide, the highest average price for regular-grade gas is in the San Francisco Bay Area, at $4.77 per gallon. The lowest average is in Houston, at $2.98 per gallon.
According to the survey, the average price of diesel jumped 8 cents to $3.67 a gallon. That price is also $1.30 higher than a year ago.
(AP)
Join the official YWN WhatsApp status
4 Responses
His mentor Barack Hussein Obama was proud that gasoline prices were over $4.00 during his presidency.
Biden has no control over the price of gasoline. It is set by the global crude oil market through supply and demand.
You ever notice how articles about good things, e.g. record stock prices, don’t get the “Biden’s America” headline? That’s called bias.
Anonimity86,
Yup. Record stock market highs again today. Between my retirement funds increased so much under Biden, and the unbelievably low interest rates that allowed me to refinance my house, I will be able to retire years earlier than I had planned. Biden’s America is good!
And it is interesting that it is the anti-Biden people who scream about the evils of socialism who want the government to interfere in free market. They are all hypocrites.