Inflation:Gas Prices High as Thanksgiving Weekend Ends

    The Wednesday before Thanksgiving is traditionally the busiest travel day of the year, and today, the Sunday after Thanksgiving, is usually close behind. According to AAA, the national average price for a gallon of regular gasoline is $3.39, down about a penny from a week ago. One month ago, the national average was also $3.39 per gallon.

    Drivers are filling their tanks for less in Texas, where the average price is still just barely under three dollars per gallon, at $2.98, and in Oklahoma, where it is $2.95. Drivers have it worst in California, where the average price is $4.71 per gallon, and Hawaii, at $4.35 per gallon.

    In sparsely populated Mono County, Calif., the average price has reached $5.64 per gallon. Quite a few California counties are close to an average price of $5 per gallon. In Napa County, the average price per gallon is $4.88, which is slightly more expensive than the average price of the cheapest bottle of wine produced in the county.

    Earlier this month in Baltimore, Biden exclaimed, “Did you ever think you’d be paying this much for a gallon of gas? In some parts of California, they’re paying $4.50 a gallon!”

    One year ago, the national average was only $2.12.

    Last week, Dominic Pino observed the glaring contradictions in Biden’s energy policies. Charlie Cooke noted that by limiting domestic production while calling for OPEC to produce more oil, “Biden has adopted a set of positions that make him a bystander in the areas over which he has some authority, and a beggar in the areas over which he has none.” Daniel Tenreiro concluded that we’re seeing the consequences of public policies designed to reduce investment in fossil fuels: “With the help of the private sector, administration officials have already begun pressuring banks to cut back on investments in the fossil-fuel industry. Now, White House appointees look poised to codify this policy.”

    Andrew Stuttaford noticed that after Biden announced the release of 50 million barrels from U.S. Strategic Petroleum Reserve, “the oil price moved, well, up.”

    Good luck, American drivers.

    Content created by Jim Geraghty

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