Gas Prices Reach Highest Level Since Obama Era

Gas Prices Reach Highest Level Since Obama Era
(Photo by Mario Tama/Getty Images)

Last week liberals mocked Donald Trump Jr. after he tweeted out that Joe Biden isn’t the next FDR – he’s the next Jimmy Carter. Carter apologists defended him the way they normally do – by pointing to all his accomplishments *after* he was president.

A mere five days later we’re seeing shades of the Carter presidency emerge as over a thousand gas stations on the east coast have run out of fuel following the Colonial Pipeline hack. Thousands have uploaded videos to social media showing gas lines where they live.

This is amid other Carteresque issues; rising concerns about inflation as the price of seemingly everything (except somehow the CPI) is on the rise, and the economy isn’t growing as fast as expected, with April’s job numbers amounting to the biggest miss since 1998.

Last month the analysts over at GasBuddy predicted $3 gas nationally sometime later this year as a result of Biden’s energy policies, and the pipeline hack expedited that timeline to “now.”

As the Daily Wire reports:

The national average price for a gallon of gasoline soared to its highest level this week since the Obama era and is likely going to continue increasing at least the in short term.

By Wednesday the national average price for a gallon of gas had soared to $3.008, meaning gas is now at its highest point in six and a half years.

On social media, multiple videos went viral of people showing that their gas stations were out of fuel in states including Florida, Georgia, North Carolina, South Carolina, Alabama, Virginia, Arkansas, Tennessee, and others. Some analysts said that panic buying could be playing a role in gas stations running out of fuel.

Republican Florida Governor Ron DeSantis, Republican Georgia Governor Brian Kemp, and Democratic Virginia Governor Ralph Northam all declared emergencies Tuesday due to the crisis. Democratic North Carolina Governor Roy Cooper declared an emergency over the matter on Monday.

The Biden administration issued temporary waivers and other measures in an attempt to alleviate some of the challenges being presented by the fuel shortage. The disaster, which comes less than a week after a terrible U.S. jobs report, had some comparing Democrat President Joe Biden to former President Jimmy Carter. Job numbers for the month of March were also significantly revised down last week.

Matt Palumbo is the author of Dumb and Dumber: How Cuomo and de Blasio Ruined New YorkDebunk This: Shattering Liberal Lies, and Spygate


Don’t miss The Dan Bongino Show

Previous
White House Tells Americans There's No Gas Shortage Hours Before Some Pumps Run Dry
Next
Liz Cheney Ousted From GOP Leadership