Biden’s America: Gas Prices Expected to Get Even Worse
U.S. gas prices are expected to start climbing once again after a brief period of reprieve, some industry experts predict.
Gas prices — which have been on the rise for months — consistently hit record highs in March, easily topping well over $4.00 per gallon.
According to the U.S. Energy Information Administration, looking at all grades and formulations in retail gas prices, the U.S. hit an average of $4.322 in March 2022 — roughly $1.70 more than the $2.594 average seen in March 2019, under former President Donald Trump.
However, while Americans have experienced a slowdown in the rise, industry experts expect it to tick back up yet again, as gas price futures rose 30 cents in the last week.
That is “just bad news for the consumer,” Andy Lipow, president of Lipow Oil Associates, said according to Fox News. He believes prices could rise as high as $4.20 per gallon. (Read more from “Biden’s America: Gas Prices Expected to Get Even Worse” HERE)
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