Economy Mortally Wounded – Trump Predicts Major Gas Price Increases

Former President Donald Trump criticized President Joe Biden this week for releasing gas reserves and predicted a spike in gas prices to $10 per gallon if Biden were to win reelection.

Just six months before the election, the administration said on Tuesday that Biden will release one million barrels of gasoline from a stockpile located in the Northeast to lower prices.

During his Manhattan criminal trial, Trump informed reporters during his lunch break that “he is unable to drill correctly.” “He has ruined all we owned. We did not need energy. We had to enter what are known as the strategic reserves, even though we were soon going to be the dominant force in the energy sector.”

Trump declared, “You would be paying more than $10 a barrel if he ever got in again.” “I hope he does not win reelection.”

Regarding the reserves, Trump remarked, “He has been doing this to keep the prices down, but the prices are currently higher than they have been in a long time.”

He said, “I believe he is attempting to stop that because high costs are bad for elections, but nothing he has done has been beneficial for elections.”

Biden increased the price of energy through executive orders, restrictions, and other strategies, increasing dependency on imported energy.

  • The Keystone XL Pipeline’s completion was canceled.
  • New Mexico and the Arctic National Wildlife Refuge have suspended their gas and oil leases.
  • At home, there is limited energy generation.
  • preventing fresh liquid natural gas exports
  • According to AAA’s report on Tuesday, the average nationwide gas price is $3.59, which is more than $1 more costly ($2.38) than it was under Trump’s administration.

Secretary of Energy Jennifer Granholm asserted in a statement that “the Biden-Harris White House is laser-focused on cutting costs at the pump for families, especially as vehicles hit the road for the summer driving season.”

“We are guaranteeing enough supply flows to the Northeast at a time when hardworking Americans need it the most by deliberately releasing this reserve between Memorial Day and July 4th,” she continued.

Food prices are one example of how energy costs negatively impact American workers.

According to the Food Institute, Popeyes, Taco Bell, and Chipotle have increased their costs by a minimum of 75%.

  • The dish is Popeyes Standard Mashed Potatoes with Gravy (plus 134%).
  • The Beefy 5-Layer Burrito from Taco Bell (+132%)
  • Wendy’s Mini Frosty (up 111%).
  • Taco Bell Chalupa Superior (+110%)
  • The Burger King Small Ice Cream Condiment has a temperature of +101.
  • Cheesy Gordita Crunch Taco Bell (+100%)
  • McChicken at McDonald’s (+199%)
  • Recently, Biden accused both large and small companies of greed, stating that CNN needed to address this issue.
Author: Blake Ambrose

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2 thoughts on “Economy Mortally Wounded – Trump Predicts Major Gas Price Increases”

  1. I am so confused and upset about our “legal” system in our country at this point. I do not understand why our Supreme Court – the supposed last stop for correct legalese – has not intervened regarding this Trump trial(?) In NYC. Since, according to many legal scholars, it is a total sham, why has it continued?

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