With gas prices on the rise, Americans are feeling the pinch at the pump. Even President Trump took notice, voicing his concerns about the sudden spike in fuel costs. Trust me when I say, Trump did not mince words in his statement.
Gas prices are rising again.
Wednesday’s national average gasoline price was $3.68 per gallon – this is up 23 cents from the same time last month when gas was $3.45 a gallon.
In a post on Truth Social, Donald Trump reacted to the rising cost, saying, “Gasoline has just hit a 5 month high. Now that Biden has emptied the Strategic Oil Reserves, which should never have been done, here we go again…And so unnecessary. I had oil and gas at long term Record Lows – And NO INFLATION!”
As of Wednesday, the states with the highest gas prices were California ($4.91/gallon), Hawaii ($4.79/gallon), Arizona ($4.67/gallon), Washington ($4.55/gallon), and Nevada ($4.28/gallon).
The states with the lowest prices were Mississippi ($3.12/gallon), Arkansas ($3.25/gallon), and Louisiana ($3.29/gallon).
As noted by Axios, Saudi Arabia, Russia, and other OPEC members surprised the market earlier this month by cutting production by about 1.2 million barrels per day. Supply will decrease during the summer driving season as a result of the production cut. In addition, there could be further disruptions to refined products supply in Gulf Coast refineries with hurricane season right around the corner.
In this time of economic uncertainty, it is more important than ever that we prioritize our energy independence. By reducing our dependence on foreign oil and investing in domestic resources, we can better control the price of fuel and protect ourselves against fluctuations in the global market. All of this was happening while President Trump was in office, and if we as Americans really want to see this type of change come back, we must all show up at the ballot box next November and vote for Donald J Trump for President.