Gasoline prices in the US again set a historical record

Gasoline prices at gas stations in the United States again hit a historic high. This is evidenced by data from the American Automobile Association (AAA).

Gasoline gas stations USA Russia

According to this non-profit organization, which tracks prices at more than 60,000 gas stations, the average cost of a gallon of gasoline in the US has reached $4,374. how stated on the AAA website, it is the highest average in history, breaking the March anti-record of $4,331 a gallon. The highest gasoline prices in the country traditionally remain in the state of California. There, motorists will have to pay an average of $5,841 per gallon.

 

Joe Biden administration is to blame for rising gas prices

Meanwhile, the CEO of the American oil company Canary, Dan Eberhart, is convinced that the only real reason for the rise in gasoline prices in the United States is the policy of the administration of President Joe Biden. “Everyone knows that gas prices have been rising since the beginning of the Biden administration. Their policies are having a negative impact.” said he is in an interview with Fox News.

Instead of meeting with the oil industry to discuss the increase in oil production, the US administration “gives orders and tries to play in public to score political points.” “The industry wants to produce more, but the policy of the authorities is a deterrent, and this is noticeable,” Eberhart concluded.

In order to adjust fuel prices, the US administration announced the sale of 1 million barrels of oil per day from the strategic national reserve (SPR) within six months.

Despite a slight decrease in prices for WTI oil futures after this decision, the price per gallon (3.785 liters) of Regular grade (corresponding to AI-92 gasoline in the Russian Federation) is above $4. And a year ago, this figure did not exceed $2.9.

In this regard, former US President Donald Trump said that gasoline prices in the US will continue to rise due to the policies of the current administration. “Midwestern states pay $4-$5 a gallon. I think they pay about $8 in California, but we will see prices much higher,” Trump said on Fox News. “It will be a shock the country hasn’t experienced in a very long time.” :///

Message Gasoline prices in the US again set a historical record first appeared on TECHNOBLOG.

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