Gas prices continue spiking; Joe Biden's policies to blame

By the time people read this article, gas prices might've hit their highest national average price in history. According to this article (and likely others), "The national average for a gallon of gas hit $4.009 on Sunday, according to AAA, which is the highest since July 2008, not adjusted for inflation. Prices have been rising at a fast clip. Consumers are paying 40 cents more than a week ago, and 57 cents more than a month ago."

The Democrat Party is to blame for this from start to finish. Starting with Joe Biden, who killed U.S. energy independence his first week in office, Democrats have implemented policies that've raised oil prices since February, 2021. Stopping construction of multiple pipelines, including the Keystone XL Pipeline, made it difficult to transport oil from the fields to the refineries, thus driving up oil prices. Reducing production from 13,000,000 barrels a day to 11,470,000 barrels a day in the U.S. drove up oil prices, too.

That drove the price of a barrel up from $40 a barrel to $85 a barrel. The truth is that this is just the beginning. Like Russia's invasion into Ukraine, this will get worse before it gets better. Again, that's thanks to Biden's cult-like following of the Green New Deal cultists. In the past month, things have gotten much worse:

Russia is a key producer and exporter of oil and gas. While Western allies’ sanctions have so far carved out room for Russia’s energy trade to continue, the market is self-sanctioning — in other words buyers are avoiding Russian products. According to estimates from JPMorgan, 66% of Russian oil is struggling to find buyers. This is creating supply fears in what was an already tight market prior to Russia’s invasion. 

Andy Lipow, president of Lipow Oil Associates, said the next stop for the national average is $4.50 a gallon as supply disruptions ripple across the energy complex.

Then there's this:

West Texas Intermediate Crude, the U.S. benchmark, rose 9.5% to $126.64 a barrel as of 7:00 PM on Sunday evening. Brent Crude, the international benchmark, shot up 12% to $130.98 a barrel.

If Joe Biden doesn't dump his climate change agenda immediately, he'll throw the U.S. economy into the worst recession in recent memory. This video only tells part of the story:

If Biden doesn't start increasing domestic oil production, the U.S. economy might never recover from this price-inflation spiral. Inflation was already at a 40-year high. Thanks to these oil shocks, inflation might hit all-time highs. How will anyone afford anything at that point?