Commentary British Prime Minister Harold Macmillan apparently once told a journalist the hardest thing about politics was “Events, my dear boy, events.” They have a way of happening, and surprising you. But sometimes, as my old music teacher used to say in his rare moments of lucidity, “It’s not the instrument, it’s you.” Sometimes the…
Biden Responsible for Inflation and Gas Prices, Will Face Heat in Midterms: GOP Chair
June 2, 2022
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2022 Midterm Electionsbiden administrationBusiness & Economyeconomyhigh gas priceshigh inflationinflationPoliticsRep. Tom EmmerUS
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Rep. Tom Emmer (R-Minn.), chairman of the National Republican Congressional Committee, blames the Biden administration for the raging inflation and high gas prices affecting American citizens and predicts that Democrats will regret their policies during the midterm elections in November. Economist Larry Summers warned the administration 16 months back that destroying America’s energy independence and pumping trillions of…
Americans Are Cutting Vacation Plans Short Due to Rising Gas Prices and Inflation: Survey
June 1, 2022
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Business & Economycommoditieseconomyhigh gas pricesMarketspersonal financesummer vacationU.S. InflationUS
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Americans want to go on vacation this summer despite concerns about rising gas prices and inflation, according to a May 25 survey by the American Hotel & Lodging Association (AHLA), but not without misgivings over costs. About 57 percent of survey respondents said they still have plans to take a summer vacation this year, an…
‘This Is Going to Take Some Time,’ Biden Warns About Inflation, Gas Prices During Japan Conference
May 23, 2022
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Business & Economyeconomic policieseconomyExecutive Branchhigh gas priceshigh inflationinflationJoe BidenPoliticsUSUS News
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President Joe Biden has warned that inflation might last longer than expected and admitted that gas price hikes are becoming a big problem for many households. “This is going to be a haul. This is going to take some time,” Biden said about rising prices during a May 23 press conference with Japanese Prime Minister…
Republicans in Congress Attack Biden for Restricting Energy Production as Gas Prices Reach New Record High
May 21, 2022
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Biden administration energy policiesBusiness & Economycongresseconomic policieseconomyhigh gas pricesinflationMarketsPolicies & ImpactsPoliticsUS
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Republicans in Washington have accused the policies of the Biden administration and of his political allies of worsening a global energy crisis that is causing pain at the pump for Americans nationwide. The average gas price for the week ending May 20 reached $4.59 a gallon, after eleven days of record-high consecutive price increases. Global…
Consecutive High Gas Prices Are ‘Unprecedented’ With Summer Season Around The Corner, AAA Says
U.S. gas prices have been climbing for the past 11 consecutive days in a row, amid the worse energy supply crisis in decades, according to the American Automobile Association (AAA). The drivers association said that the current stretch of record high prices is unprecedented. The national average for a gallon of gas hit $4.59 on May 20, a slight…
More Pain at The Pump: Ohio Stuck on the Wrong Side of $4 a Gallon
If you are looking to fill up your vehicle and want to pay less than $4 a gallon for gas then forget it in Ohio. The state’s price at the pump is stuck well over $4 a gallon and those who need to drive to work, among other places, fear that it will go sky-high…
US Gas Prices Up Again Due to Low Supply, High Crude Oil Costs
May 2, 2022
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Business & Economycommoditieseconomyenergy costshigh gas pricesinflationMarketsoil pricesUncategorizedUS
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Gasoline prices rose again across the United States, mainly due to the rising cost of crude oil, AAA announced on May 2. The national average for a gallon of gas on May 2 was $4.19, a weekly increase of 7 cents per gallon from April 29 and a year-over-year increase of $1.29 per gallon, AAA reported….
Get ‘Original Glazed Doughnuts’ for the Price of a ‘Gallon of Gas’ at Krispy Kreme
April 13, 2022
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Business & EconomyCompanieseconomyhigh gas pricesinflationKeystone XL oil pipelineKrispy Kreme DoughnutsUSUS News
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Multinational doughnut company and coffeehouse chain Krispy Kreme has announced a new offer where a dozen Original Glazed Doughnuts in the United States will be priced equivalent to the price of a gallon of gasoline. The offer, which begins on April 13 and ends May 4, will be available on Wednesdays at participating stores. The…
Why California’s Gas Prices Are 40 Percent Higher Than National Average | Tim Shaler
Gas prices skyrocketed over the past few months. But we Californians are paying almost 40 percent more than the national average. My guest is economist Tim Shaler. He explains why gas prices are a lot higher in California compared to the rest of the country, and gives us his prediction on where the prices are…
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