Gas Prices Spike, Creating Headache for Biden

Source: Newsmax
Published: Aug 8, 2023
Author: Brian Freeman
Post Date: 2023-08-08 00:38:24 by Charles_Byrd
Views: 164

The average increase in the price of gasoline was 30 cents per gallon in the past month — and could complicate President Joe Biden's 2024 reelection strategy, the Daily News reported Monday.

More trouble for Biden's campaign could come as the price hikes may also intensify as planned cuts in OPEC+ production, spearheaded by Saudi Arabia and Russia, take hold in international markets, with high summer temperatures also contributing to higher energy demand, which would further drive up prices.

Click for Full Text!

Post Comment   Private Reply