{"id":1051,"date":"2022-03-28T15:25:48","date_gmt":"2022-03-28T15:25:48","guid":{"rendered":"https:\/\/www.rubinwealthadvisors.com\/rubinreport\/?p=1051"},"modified":"2023-12-07T14:03:10","modified_gmt":"2023-12-07T14:03:10","slug":"gas-price-crisis","status":"publish","type":"post","link":"https:\/\/www.rubinwealthadvisors.com\/rubinreport\/gas-price-crisis\/","title":{"rendered":"Gas Price Crisis: Joe Biden’s Dirty Little War on Energy"},"content":{"rendered":"\t\t
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Joe Biden\u2019s Dirty Little War on Energy<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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With the average price of gasoline now at $4.24 per gallon nationwide, and with prices crossing $6.00 per gallon in some California locations, at least Americans can be reassured that this is an ephemeral problem created by Russia\u2019s invasion of Ukraine<\/a> and it has nothing to do with Joe Biden\u2019s long-term energy policies. How do we know that? We know it because Sleepy Joe said it was so, and Sleepy Joe would never lie to us.\u00a0\u00a0Or would he?<\/p>

Biden made a strong statement recently that the soaring energy prices in the U.S. are not the result of his policy decisions in that area. He blames high prices at the pump (Gasoline gets all the attention because it\u2019s easy to track on a per-gallon basis. Prices for all forms of fossil fuel energy are up across the board) exclusively on Vladimir Putin. In doing so, he is counting on the American people to be consuming steady amounts of Russian vodka, thereby impairing their brain\u2019s ability to create and retain short-term memories. He\u2019s hoping that they won\u2019t remember any of the past twelve months.<\/p>

Unfortunately for Sleepy Joe, the folks at the New York Post come to work sober and they have put together a timeline of gasoline prices since Biden took office. They have also matched the timeline with significant announcements on energy policy being made by the administration.<\/p>

Since Biden took office, and just prior to the Russia invasion, gasoline prices across the country increased on average by 48.3%. The U.S., which had been a net exporter of oil as recently as 2019 is now importing more than it exports. We have quickly moved from being able to be \u201cenergy independent\u201d to again being a nation that relies on those outside our shores to make our vehicles roll, keep our homes warm, and let our factories hum (no worries on the last one. We just let China take that part over).<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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