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‘It’s a Transition:’ Biden Celebrates out-of-Control Gas Price Hike

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President Joe Biden referred to the uncontrolled increase in gasoline prices. The president described the situation as a transition and assured that when it is over, the United States, in his opinion, will be stronger.

“Here’s the situation. And when it comes to the gas prices, we’re going through an incredible transition that is taking place, that God willing, when it’s over, we’ll be stronger and the world will be stronger and less reliant on fossil fuels,” Biden said.

Republican Congressman Steve Scalise criticized Biden’s statements and commented that the entire political and economic situation in the United States is part of what he described as a “radical agenda” on the part of the Democratic administration.

The president’s remarks came during a joint press conference with Japan’s Prime Minister Fumio Kishida on Monday, and come at a time when gasoline prices continue to rise.

Gasoline prices

Prices reached a new record average of $6.02 per gallon in California, leaving the other states behind and affecting the national average, which already exceeds $4.5 per gallon. An article published by El American explains that, according to AAA data, all states have already reached an average above $4 per gallon. The increase is mainly due to the high cost of crude oil, which is around $110 per barrel.

“AAA data indicate that total gasoline holdings nationwide decreased by 3.6 million barrels last week. Gasoline demand also decreased slightly from 8.86 million barrels per day to 8.7 million barrels per day,” El American reported.

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