BIDEN ECONOMY: Gas Prices Reach Highest Level Since 2014 When Obama Was in White House
The cost at the pump reached the highest prices since Obama was last in the White House.
CNBC reported today:
Gas prices rose to the highest level in more than seven years Friday, on the heels of the U.S. oil benchmark topping $90 per barrel for the first time since 2014.
The national average for a gallon of gas stood at $3.423 on Friday, according to AAA, slightly surpassing the prior high-water mark of $3.422 from Nov. 8.
Friday’s price means consumers are now paying the most at the pump since Sept. 10, 2014, AAA data shows. The national average stood at $2.44 a year ago.
The rapid rise in prices is contributing to inflationary fears across the economy and is creating a headache for the Biden administration.
