WASHINGTON, D.C. – When President Joe Biden took office, he made it crystal clear that he was going to wage war on the oil industry. His first shots came in the form of the shut down of the Keystone gas pipeline project. Then, he said he would push to eliminate gas powered vehicles. Now, gas prices are at levels Americans have not seen since the days of his former boss, Barack Obama.
This week, AAA reported gas prices are once again on the rise ahead of fourth of July weekend and they aren’t going to stop rising anytime soon.
“At $3.09, the national gas price average is at its highest of the year and not stopping. That average will increase, possibly as much as another nickel, in the lead up to the Independence Day holiday weekend as AAA forecasts a record-breaking 43.6 million Americans will hit the road for a holiday getaway. This year’s Independence Day weekend is defined as Thursday, July 1 – Monday, July 5,” AAA reported.
AAA says while it is typical to see gas prices increase ahead of a holiday, especially during the peak summer driving season, pump price increases as of late have been noticeable.
“Today, 89% of U.S. gas stations are selling regular unleaded for $2.75 or more. That is a stark increase over last July 4 when only a quarter of stations were selling gas for more than $2.25,” said Jeanette McGee, AAA spokesperson. “Road trippers will pay the most to fill up for the holiday since 2014.”
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