Briahna Joy Gray, Kim Iversen, and Robby Soave discuss rising U.S. gas prices, which have hit at least $4 dollars per gallon in every state, and could get even more expensive.
Experts predict $6 per gallon by later this year, a price already coming true in California. Even worse, diesel prices are even higher, which drives up the cost of goods as companies pass on those increased costs to consumers.
That’s bad news for the country, as America is already at record gas prices and a 40-year high in inflation with wage growth severely lagging behind. While the answer is increasing production of oil that’s right under our feet, the Biden administration continues to turn down all options to pump more American oil.
Instead, deals continue to be discussed regarding oil from Venezuela and even Iran. Biden would rather buy oil from dictators rather creating jobs for Americans by increasing production domestically. The moves are putting the very national security of the nation at risk, as well as crippling America’s families already struggling from rising costs.
There’s much more, so check out the full video now from “The Rising” for the latest details on the nation’s soaring gas prices.