Republicans argue the Biden administration flooded the economy with too much money -- which lead to these high numbers. But Biden said that there are other causes.
AAA reported the national average as of Wednesday was $4.56 per gallon. That’s up four cents from the day before. Florida’s average is six cents shy of that number with an average of $4.50.
Americans are struggling with record gas prices – up over 50% since Biden took office – but he doesn’t care. Rather than expand domestic energy production, he continues to reduce U.S. production capacity by canceling our oil & gas leases. An expert pointed out that during the COVID-19 pandemic, demand for oil was down, but it rebounded faster than oil producers expected, which was a factor in the spike in prices.
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