Gas Prices On The Rise And Biden Is Trying To Make It Worse

Gas Prices are on the rise and projections show next year is just going to be worse. But if that were not enough Biden is looking to pander to environmentalists and shutdown an established pipeline in Michigan, pipeline 5.

Democrat President Joe Biden’s administration is reportedly gathering data on an oil pipeline in Michigan to determine if shutting it down would further increase fuel prices in the region.

“Revoking the permits for the [Line 5] pipeline that delivers oil from western Canada across Wisconsin, the Great Lakes, and Michigan and into Ontario, would please environmentalists who have urged the White House to block fossil fuel infrastructure, but it would aggravate a rift with Canada and could exacerbate a spike in energy prices that Republicans are already using as a political weapon,” Politico Pro reported. “Killing a pipeline while U.S. gasoline prices are the highest in years could be political poison for Biden, who has seen his approval rating crash in recent months.

The administration has not yet made a decision about the pipeline, which comes after the Canadian government invoked an old international treaty to stop the state of Michigan from shutting down the pipeline.”

Gas prices have surged to a seven-year high of $3.40 a gallon nationally and are flirting with $4 in Nevada, Washington State, and Oregon.

Bank of America is now predicting that Brent crude oil, which drives gas prices, will zoom to $120 a barrel by June 2022. That’s 45% higher than current levels.”
45% higher, that’s $5-$6 next year, and I imagine it would be even higher if Biden starts shutting down pipelines. Americans just started going back to work after COVID forced many companies to have their employees work from home. But now that commute is going to cost them an arm and a leg. But this is likely part of Biden’s plan to force us to buy electric cars or hybrids.
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