Who’s Up For A $6 National Gas Average?

Everything Biden and his Democrat Comrades are doing is working great, right? Except, this is not a policy failure, it’s an intended consequence

Experts warn we could see national average of $6 gas by August

st greta carThe average gas price in North Carolina stands at $4.32 per gallon on Wednesday. Experts are now saying we could see gas prices at $6 by the end of the summer.

The local average jumped 6 cents Tuesday night — the largest increase we’ve seen in awhile.

CNN Business reports the average price for gasoline in California hit $6 a gallon Tuesday for the first time, and that could become the national average in only a few months.

“There is a real risk the price could reach $6+ a gallon by August,” Natasha Kaneva, head of global oil and commodities research at JPMorgan, told CNN in an email on Tuesday.

While JPMorgan is concerned it could be difficult to meet intense demand during this summer’s driving season, other experts don’t believe gas prices will ever get that high because many people would likely “balk at $6 gas” and drive less.

Biden doesn’t want to do anything to alleviate this. He wants to force you to stop driving, to get an EV (where do they come from? Production is way down on everything), to ride a bike, walk, or take the bus. Meanwhile

Let’s say he drove: a huge fossil fueled limo surround by around 18 other fossil fueled vehicles.

You know what happens when gas goes up? That’s right, everything goes up. All your food and goods cost more because it has to be delivered. Consider this CNBC piece from November 2021 on why beef prices are so high

Many of the factors that led to beef’s dramatic price increase can be traced back to 2020, when Covid shut down production plants and hobbled the nation’s meat production capabilities.

The slowdown left farmers with nowhere to send their beef, which resulted in them having to cull cattle and other livestock. That, coupled with uncertainty about the future, caused farmers to scale back their production at the time, which Sundaram says “can affect production more than a year, year and a half down the road.”

At the same time, processing facilities have dealt with labor shortages that have reduced their capacity to process meat at the same clip as before the pandemic. This reduced production came as demand for beef returned from both consumers and restaurants, forcing prices higher.

From the prices of the chemical fertilizers that help grow the feed that cattle eat to the cost of the materials used to package meat for sale to consumers, every aspect of the beef supply chain has become more expensive.

“Think about the amount of polystyrene that is used to put out the meat. The tray and pads from the supermarket. So much goes into beef production, and all of those costs have gone up, which affects the cost of a hamburger or a steak,” Lively says. He adds that carbon dioxide, which is used in ground beef production to keep meat cold, has almost doubled in price over the past year.

And the cost of shipping, much due to gas/diesel prices.

Save $10 on purchases of $49.99 & up on our Fruit Bouquets at 1800flowers.com. Promo Code: FRUIT49
If you liked my post, feel free to subscribe to my rss feeds.

Both comments and trackbacks are currently closed

Comments are closed.

Pirate's Cove