With Winter Gas Months Away, Oil Hits $90 a Barrel and Gas Skyrockets
As you’ve likely noticed, Bidenflation is once again rallying against the American people. With Oil futures closed at about $90 per barrel for the first time in 2023 on September 14th, gas has had no place to go but up as well, and on Thursday, the national average there was $3.853 per gallon, up from $3.484 just 24 hours before.
With a 20% surge in gas last month, the index cost for goods rose 60%, according to the Bureau of Labor Statistics. This kind of change in pricing normally doesn’t happen overnight or even over a week. Yet with Biden’s control of the economy, it happens more frequently than we could have imagined.
Part of the blame for these prices is the slash in oil production. Going from 591 oil pumps operating just a year ago down to 513 has made a huge change in prices for the American people. By contrast, there were over 800 in use when Trump left office. Needless to say, this has spelled disaster for the American people, the economy, and small businesses.
The push to get people to spend money they don’t have; on cars they don’t want is only being made more complicated as the President stifles gas drilling and exploration in Alaska and the Gulf of Mexico. For the American people, this means a massive increase in the cost of doing business and in their daily lives.
People from Biden’s camp have been trying to explain this away for some time. Just like everything else, though, they keep coming up short and not having an explanation the American people care about or even believe. Simply, they just don’t want to see the problem fixed. This isn’t a massive problem without a resolution. Instead, it’s a problem with solutions the senile old man and his insider trading pals simply don’t want to explore.