Gas prices hit a new all-time high on Thursday, as Americans battle with rising prices across the board, all while the Biden administration sticks to its claim that rising prices are due to Russia, not administration policy.
On Thursday, the national gas price averaged $4.60, an increase of about 47 cents over the previous month.
Gas prices reached another record high on Thursday as Americans continue to grapple with rising prices across the board, all while the Biden administration continues to toe the line that Russia not administration policies are responsible for rising prices https://t.co/7DmhpqRJKp
— Andy (@AndyPhalanx30) May 27, 2022
To put things in perspective, the national average gas price was $3.035 a year ago.
However, mid-grade is already reaching $5.00, with the national average at $4.979. The national average price for diesel is $5.538, and the premium is at $5.267. This is somewhat lower than the all-time high average of $5.577 set on May 18.
Prices in certain states are greater than the national average. Pennsylvania, New Jersey, New York, Illinois, Vermont, New Hampshire, Maine, Connecticut, Massachusetts, Arizona, Utah, Idaho, Wyoming, Hawaii, Alaska, Nevada, Oregon, Washington, and California, which have the nation’s highest average gas price of $6.070.
Experts warn that the situation will only become worse over the “cruel summer,” with average gas costs well over $6.00 per gallon.
According to recent polls, Americans are struggling to keep up with growing prices across the board.
Per a Quinnipiac poll issued at the end of March, over one-third of Americans are cutting back on groceries to save money for transportation. At the time, the national average gas price was $4.225. Biden was still blaming Russia for rising prices at the time.
“Russia is responsible,” he stated, although he didn’t explain why prices had been rising before Russia’s invasion of Ukraine.
Jennifer Granholm, Biden’s Secretary of Oil, has echoed that story on rising energy costs, telling legislators last week that “you can thank Vladimir Putin’s activity for invading Ukraine.”