Omega Management logo

National gas prices have doubled since Biden took office

Gas Buddy Head of Petroleum Analysis Patrick De Haan joins ‘Maria Bartiromo’s Wall Street’ to discuss the impact higher gas prices will have on summer travel. 

Gas prices have more than doubled under President Biden’s administration.

Since Biden took office in January 2021, the price for a gallon of gas has doubled. 

On Jan. 20, 2021, the average price for a gallon of gas nationwide was approximately $2.39. As of Saturday, the price for a gallon of gas has skyrocketed to $4.81, up five cents from Friday, according to AAA.

GAS PRICES ON THE ROAD TO $5 NATIONWIDE VERY SOON

The White House this week cheered an OPEC decision to boost supply and has tapped the Strategic Petroleum Reserve while criticizing U.S. energy companies for not increasing production.

A driver passes a sign with gas prices over $6.00 per gallon on May 20, 2022 in San Rafael, California.  (Justin Sullivan/Getty Images / Getty Images)

Republicans have used…

Read more…