Biden’s Gas Hike Reaches Yet Another Record High

• Yesterday, the national average price for regular-grade gas reached yet another record high: $4.87/gal.
  • The national average price for diesel also reached a new record high: $5.65/gal.
  • Today it is even higher across North Carolina.
• In 10 states and the District of Columbia, Americans are facing average gas prices over $5.00/gal for regular-grade gas. 
  • Under Biden, gas prices have reached record highs in all 50 states.
  • North Carolinians are struggling to cover the costs of the Biden agenda.
• Biden's Gas Hike is the direct consequence of Biden's disastrous anti-American energy policies. Just to name a few:
  • On his first day in office, Biden "issued a memo suspending the authority of the local Bureau of Land Management offices to approve leases, drilling permits, and mining operations."
    • Biden also reinstated Obama-era energy regulations and began the process of rolling back Trump-era regulations.
  • Biden started fulfilling his promise to "sacrifice" hundreds of thousands of blue-collar jobs in pursuit of a "greener economy" by cancelling the Keystone XL pipeline. This move alone killed 11,000 jobs.
  • Biden signed an executive order to "eliminate fossil fuel subsidies."
  • The Biden administration has repeatedly suspended or halted oil and gas leases on federal lands, cutting off more potential U.S. oil and gas production.
  • In November, the Biden administration announced or proposed multiple policies that targeted American made energy, including increasing royalty rates on domestic oil production, limiting areas available for development, and issuing  new regulations for methane emissions which is expected to cost U.S. producers over $1 billion a year.
  • The Biden administration proposed standards "to regulate conventional trucks out of existence," and declined " to appeal a federal court decision vacating the only lease sale held on federal lands or waters."
• North Carolina Democrats like Roy Cooper and Cheri Beasley are following the same playbook to suffocate Americans with higher energy costs to satisfy their socialist Green New Deal agenda:
  • Governor Roy Cooper is leveraging his office to push asinine projects like offshore wind farms.
    • Boondoggles like this do nothing to lower gas prices, they won't help you get to work, but they will raise prices and instability on our electrical grid.
  • Cheri Beasley, while she avoids being seen with Joe Biden and his tanking poll numbers, nevertheless endorses his failing energy policy.
    • Beasley is an 'Environmental Justice Warrior' who pushes Woke race narratives and wants to reduce your emissions by 50% even if it's because you can't afford but half of the fuel you need to power your quality of life.
• As Biden and Democrats are waging war on American energy production, they're begging foreign nations to increase oil production – Biden's weakening of domestic energy production harms our national security.
• Biden used the term "incredible transition" to describe sky-high gas and energy prices – for leftists, pain at the pump is worth it, since it advances their radical energy agenda.
• As Americans face higher prices for gas, they are being forced to cut back on summer activities. 70% of Americans said their summer travel plans have been impacted by historic gas prices – a 24% increase since last year.
  • 38% of Americans say that "high inflation is leading to difficulty in planning summer trips."
• Biden's Gas Hike is made even more painful by the Bidenflation hitting all sectors of the economy, forcing Americans to pay far more for the everyday necessities they need.
  • Bidenflation cost the average household $569 last month, and is projected to cost a whopping $6,829 over the next 12 months.
  • April's Consumer Price Index surged by 8.3% compared to last year – a near 40-year high.
  • April's Producer Price Index rose by 11% since last year, just shy of the highest increase on record.
• Higher prices, shortages, and less freedom – these are the consequences of Biden's disastrous America last energy agenda.

Courtesy of NCGOP