Here’s one sign of the times.
The price of gas is nearly $6 per gallon at this downtown Los Angeles station as prices across the Southland continue to inch their way up.
In the Los Angeles/Long Beach area, regular gas is averaging $3.96 per gallon, which is up 2 cents from last week, 17.3 cents higher than one month ago and 93.2 cents greater than one year ago, according to figures from the AAA and Oil Price Information Service.
When gas hits $6 in LA, it hits new highs elsewhere, even if not as extreme.
$3 gas is showing up in New England. But is it here to stay? – Providence Journal
It’s been a while since we’ve seen $3 gas in New England, but it’s begun to show itself sporadically following a national surge in average price-per-gallon.
Gas stations in some Massachusetts communities — such as Bellingham, Berlin, Danvers, Stoughton, Concord and Wellfleet — have advertised regular gas at or above $3 per gallon within the last week, according to GasBuddy, a website that tracks gas prices. One gas station in New Britain, Connecticut was listed at $3.09 a gallon.
Why $4 a Gallon Gas May Be Coming Your Way This Summer – New York Times
and over in Texas…
Gas prices in Houston are going up and are much higher than they were last year, and even last month, according to GasBuddy.
Gas prices are 31.2 cents per gallon higher than they were a month ago, and are 74.9 cents per gallon higher than last year, with the highest gas price in the area being $3.19.
Gas prices up some 18% and are expected to continue climbing. Just how high will prices go?
The media is insisting that Biden’s radical environmentalism isn’t at issue. This comes as Biden pushes an infrastructure package that’s heavy on green energy subsidies and low on infrastructure. It also comes as Biden nominees and activists push to punish actual energy companies for what they falsely claim is their role in global warming.
“Since President Biden took office, average gas prices are up more than 50 cents a gallon,” Florida Sen. Rick Scott noted.
The Biden administration is fundamentally hostile to the energy sector, preferring special interest subsidies for solar and wind, despite their catastrophic failure in Texas, while punishing and suppressing actual energy production.
One of Biden’s orders, issued on Inauguration Day, halted construction of the 1,200-mile Keystone XL pipeline between Alberta, Canada, and Steele City, Nebraska. When complete, the pipeline was projected to move 830,000 barrels a day from the Canadian oil sands to refineries along the Gulf Coast of the United States.
Another order barred new sales of oil and gas drilling leases on federally owned land, primarily in the western U.S.
On the FOX Business channel, former Shell Oil president John Hofmeister warned that a ban on new drilling and fracking leases on federal lands would “create a psychology in the industry of ‘there’s going to be less available’ and the psychology drives the pricing as well.”
The Institute for Energy Research in a blog outlining numerous economic pressures driving prices up concluded, “The Biden administration is getting what it wants — higher oil prices that will result in Americans being forced to transition to electric vehicles and get to a net zero [emissions] economy by 2050.” It added, “It does not appear to matter to the Biden administration that Americans will suffer and that low- income families will be affected the most.”
And that $6 a gallon gas could be the new normal.
Joe Biden’s plans for discouraging the use of fossil fuels would “plunge America back in a depression” and could drive gasoline prices to $6 per gallon, billionaire oilman Harold Hamm said Thursday, well beyond any level previously recorded.
Hamm, a confidant of President Donald Trump and the chairman of Oklahoma-based Continental Resources Inc., made the prediction — which appears to go well past other analysts’ views — in an interview with Bloomberg News hours before the final presidential debate
That was last year. Bloomberg obviously ridiculed him. But it doesn’t sound so crazy now.