U.S. Gas Prices Expected to Rise by Up to 20 Cents a Gallon by August
Whoa! Well, that is sure as hell going to cause inflation to spike. Jesus. "High demand," for sure, as the economy kicks into overdrive but not POJO'S stimulus or anything he has done; OPEC. The OPEC countries didn't reach agreement on expanding production.
The average price of a gallon of regular in the United States has risen to $3.13, according to AAA, up from $3.05 a month ago. A year ago, as the pandemic kept people home, a gallon of gas cost just $2.18 on average.The rise comes amid a breakdown in talks among OPEC and its allies over whether to expand oil production as travel resumes and global demand recovers. The cartel has been unable to reach a deal despite multiple meetings since Thursday.
Aren't we an oil-exporting country? POJO really needs to do something about this. He cannot let this happen to American consumers. Flood the market with the Strategic Petroleum Reserve or bomb Saudi Arabia. Personally...well, you know my preference...