#biden inflation
California County Sees Average Gas Price Soar Above $7 per Gallon
California is maintaining its status of having the highest gas prices in the nation, with one county in particular seeing prices soar above $7.00 per gallon for regular fuel.
The nationwide average price for gas jumped yet again on Monday, breaking another record of $4.865 per gallon. That reflects a nearly $0.25 cent jump in the last week, a nearly $0.59 rise in the last month, and a $1.81 rise in the last year.
Mid-grade gas has hit a national average of $5.218, and premium is now $5.510. Diesel also hit another record on Monday, reaching $5.645.
No state in the nation is seeing an average price below $4.00, and several states have an average of $5.00 or more. Those states now include Indiana, Michigan, Illinois, Washington, Arizona, Nevada, Oregon, Hawaii, Alaska, and California, the last of which has the highest gas price average in the nation — $6.341, which is more than $1.47 higher than the average price nationwide. San Francisco County, for instance, is seeing an average of $6.590 per gallon. Mono County is experiencing the highest gas price average in the country, with prices soaring over $7.00, standing at $7.044.
According to AAA, the demand for domestic gas rose last week in the midst of Memorial Day weekend, despite one-third stating that the price of gas affected their Memorial Day plans.
“People are still fueling up, despite these high prices,” AAA spokesperson Andrew Gross said in a statement. “At some point, drivers may change their daily driving habits or lifestyle due to these high prices, but we are not there yet.
West Texas Intermediate crude futures were down .14 percent following this news, reaching $118.73. Brent crude, the global benchmark that U.S. prices tend to trend with, was up .15 percent to $119.87 at the time of this writing.
A recent ABC News/Ipsos poll found that 72 percent disapprove of President Joe Biden’s handling of gas prices, and 90 percent say gas prices will be either extremely important, very important, or somewhat important when they vote in the midterm election. Among those, 48 percent state it will be “extremely” important.
California County Sees Average Gas Price Soar Above $7 per Gallon
Report: Tampon Shortage Hits Consumers Amid High Inflation
Tampons have reportedly been scarce lately amid shortages, including baby formula, that have affected consumers.
In a recent statement, manufacturer Procter & Gamble, the company that makes Tampax tampons and Always pads, said some consumers at the moment might be unable “to find what they need” but described the problem as “temporary,” NBC News reported Friday.
“The Tampax team is producing tampons 24/7 to meet the increased demand for our products,” the company explained, adding, “We are working with our retail partners to maximize availability, which has significantly increased over the last several months.”
Meanwhile, social media users voiced their frustration over the apparent issue.
“Baby formula and now a tampon shortage. Biden’s War on Women is on. Stock up ladies. #tamponshortage,” one person wrote.
The cost of tampons increased about ten percent over the past year, the NBC article continued, the cause reportedly being the growing price of materials such as cotton.
Meanwhile, energy costs skyrocketed Friday, according to Breitbart News:
The price of electricity has increased 12 percent and gasoline has increased over 48 percent in the last 12 months, according to the Bureau of Labor Statistics.
Energy prices have increased as Biden has waged a war on American energy. Biden has driven up private and public financing costs of oil drilling, halted drilling on public lands, and canceled the Keystone pipeline. Instead, Treasury secretary Janet Yellen blamed coronavirus and the Ukrainian war for the price spikes.
In addition, consumer sentiment recently plummeted to the lowest recorded, as inflation reached its worst level in more than 40 years.
“The University of Michigan’s index of consumer sentiment plunged to a record low of 50.2, down from a May reading of 58.4. Economists polled expected the gauge to hold steady after declining sharply a month earlier,” according to Breitbart News.
Bidenflation: Grocery Store Prices Up The Most Since 1979
American families got whacked by much higher prices at the grocery store in March.
The Consumer Price Index for food purchased for consumption at home rose 1.4 percent compared with the prior month. Compared with a year ago, grocery store prices are up 11.9 percent, the fastest pace of inflation since 1979.
Prices of cereals and bakery products jumped 11.6 percent. Prices of meats, poultry, fish, and eggs were up 14.6 percent. Dairy product prices were up 11.8 percent. Fruits and vegetable prices were up 8.6 percent.
Poll: Most Believe Biden Admin Allowing Gas Prices to Rise to Get Americans off Fossil Fuels
Most voters believe the Biden administration is allowing gas prices to rise to force Americans to use less fossil fuel, a Convention of States Action/Trafalgar Group survey released Friday found.
The survey asked, “Do you believe the Biden Administration is intentionally letting gas prices rise to make Americans use less fossil fuels?”
Most, 53 percent, said “yes,” they believe the Biden administration is allowing it to happen purposely to force Americans to use less fossil fuel. Another 39.6 percent, however, do not believe that is the case, and 7.4 percent are unsure.
Opinions are Divided Along Party Lines.
Over three-quarters of Republicans, 77.3 percent, and 56.5 percent of independents believe the Biden administration is deliberately allowing gas prices to rise for those purposes. Most Democrats, 68.7 percent, disagree and do not believe the administration is doing so.
The survey was taken May 25-29, 2022, among 1,091 likely general election voters and has a margin of error of +/- 2.9 percent. It comes as gas prices broke yet another record high on Friday, jumping to $4.986 overnight, according to AAA. That reflects a 22 cent rise in the last week and a 61 cent rise in the last month.
All the while, the Biden administration has refused to take responsibility for ever-rising prices under Biden’s presidency, ignoring the fact that he attacked American energy independence on day one by nixing the Keystone Pipeline and continued the trend by rejoining the Paris Climate Accord and canceling oil and gas leases. In recent months, Biden has placed the blame on Russia’s invasion of Ukraine, even though prices were on the rise far before that event.
“Here’s what your president did when he first came to office,” Sen. Josh Hawley (R-MO) told Secretary of Energy Jennifer Granholm during a hearing last month.
“He immediately reentered the Paris Climate Accord.
He canceled the Keystone Pipeline. He halted leasing programs in ANWR.
He issued a 60-day halt on all new oil and gas leases and drilling permits on federal lands and waters. That’s nationwide,”
he said.
“He directed federal agencies to eliminate all supports for fossil fuels.
He imposed new regulations on oil and gas and methane emissions.
Those were all just in the first few days.
Are you telling me that had no effect on our energy supply?”
he asked as Granholm remained in denial.
WATCH Video:
Poll: Most Believe Biden Admin Allowing Gas Prices to Rise to Get Americans off Fossil Fuels
Energy Prices Soar: Electricity 12%, Gasoline 48%, Firewood 28%
Energy prices soared to a massive high Friday, as President Biden’s war on American energy continues.
The price of electricity has increased 12 percent and gasoline has increased over 48 percent in the last 12 months, according to the Bureau of Labor Statistics.
The national average for gas per gallon on Friday also reached a thirteenth consecutive record high of over $5.00 per gallon.
Propane, along with kerosene and firewood, increased 28 percent.
Utility (piped) gas service has also increased over 30 percent.
Energy prices have increased as Biden has waged a war on American energy. Biden has driven up private and public financing costs of oil drilling, halted drilling on public lands, and canceled the Keystone pipeline. Instead, Treasury secretary Janet Yellen blamed coronavirus and the Ukrainian war for the price spikes.
Energy Prices Soar: Electricity 12%, Gasoline 48%, Firewood 28%
Biden’s America: 16 States Have Average Price of Gas over $5.00
Sixteen states currently have an average price of gas that is over $5.00 as the national average broke yet another record on Tuesday.
The national average price of gas is now $4.955, reflecting an over three-cent jump overnight, 28-cent rise in the last week, and nearly 64-cent rise in the last month. Diesel also hit another record on Tuesday, reaching $5.719.
Currently, 16 states are experiencing an average price of gas of $5.00 or more. That includes:
▪ Maine ($5.023)
▪ Massachusetts ($5.21)
▪ New Jersey ($5.032)
▪ Pennsylvania ($5.031)
▪ Michigan ($5.214)
▪ Ohio ($5.061)
▪ Indiana ($5.234)
▪ Illinois ($5.532)
▪ Idaho ($5.025)
▪ Alaska ($5.469)
▪ Hawaii ($5.493)
▪ Washington ($5.489)
▪ Oregon ($5.485)
▪ Nevada ($5.564)
▪ Arizona ($5.181) and
▪ California ($6.390).
California’s Mono County appears to be reporting the highest gas price average in the Golden State — $7.213.
Brent crude, the global benchmark that U.S. prices tend to trend with, was up 1.13 percent at the time of this writing to $121.70. West Texas Intermediate crude futures were up .84 percent following this news, reaching $120.25.
While Democrats are following President Biden’s lead in deflecting blame and attempting to distract Americans with other events — such as the upcoming primetime January 6 hearing — all indicators point to rising gas prices as a top issue on the American peoples’ minds as they head into the midterm election.
A recent ABC News/Ipsos poll found just 27 percent approving of Biden’s handling of gas prices, as nearly three-quarters, 72 percent, disapprove. That reflects a four-point rise from the 68 percent who disapproved in April. Further, 90 percent say gas prices will be “extremely/very/somewhat” important when it comes to their vote for Congress in November. Of those, 48 percent said gas prices are “extremely” important.
Biden’s America: 16 States Have Average Price of Gas over $5.00
