Tag: Gas Prices
I Paid $2.979 at the Gas Pump Yesterday
$3.04
Gas prices continued to decrease across the country, with the national average cost for a gallon of regular gas falling to $3.037, according to AAA, reports Washington Examiner. This was a 3-cent drop from a week ago, when the cost of regular gas was $3.067 per gallon. Tuesday’s price is also less expensive than a month ago, when a gallon of regular gas was $3.103.
Gas Prices Down 11% Since 2023
<$3
“Gasoline is approaching or has fallen below $3 a gallon in most states, returning to a national average not seen since February in one of the clearest examples of prices declining after a period of rapid inflation,” the New York Times reports. “Prices at the pump averaged $3.16 for regular gas on Tuesday, down 11 percent from this time last year.”
Pelosi Pans Gas Tax Holiday
“There has been some interest in the holiday. The pros of it are that it’s good PR — you’re asking about it. The cons are that there’s no guarantee that the reduction in the federal tax would be passed on to the consumer. We have no evidence to think that the oil companies would pass that on to the consumer.”
— Speaker Nancy Pelosi threw cold water on the idea of a national gas tax holiday, which some vulnerable House Democrats have embraced, Politico reports.
Almost Four in 10 Blame Biden for High Gas Prices
39%
A new Emerson College poll finds 83% of voters say they are experiencing some hardship due to increased prices on everyday items, with 40% reporting significant hardship, and another 43% reporting some hardship. When asked about who they blame for an increase in gas prices, 39% blame the Biden Administration, 21% blame the sanctions on Russia, and 18% blame gas and oil companies.
Trump’s Decision to Leave the Iran Deal is Making Gas Prices Rise
The $.40 per gallon jump in gas prices over the past three months can be credited to one person, according to U.S. Rep. Frank Pallone (D-NJ).
“Thanks Trump!” Pallone says.
Senior energy analyst: “A lot of the reason for higher prices is the president’s policy on Iran…You’re going to see prices spike.”
The ranking member of the House Energy and Commerce committee traces a line that leads not straight, but up — as in the price of gas — to Trump’s decision to pull the United States out of a plan to help monitor Iran’s nuclear weapons program.
The so-called “Iran deal” also eased previous sanctions in order to encourage Iran to be a world partner.
Pallone is not the only one to make the connection.
[…]
It’s Not Your Imagination — Gas Prices Are Higher Under Trump
Take a look at this graph from AAA and you might think, “Yes, the price of gas seems high but it’s not the highest it’s been lately. Look how high it was in June of 2015! And how about September of 2017? Thanks Obama!”
Hold on. While it’s true that the price at the pump always goes up in the summer, look at each of the past Januaries. Now are you feeling worried? You probably should be.
Thank You for Lowering the Cost of Gasoline, Mr. President
It seems a bit unusual for a journalist from the corporate press, but Cohan is more than willing to give credit where credit is due — he says the reduction in the cost of gas is a result of actions taken by Pres. Obama earlier this year:
