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Thanks to Bidenflation, Gas Now 50 Percent More Expensive

October 27, 2021

With the New York Times reporting that “Thanksgiving 2021 could be the most expensive meal in the history of the holiday,” families are also getting crunched on another expense: Gas.

Since President Biden took office, the price of gas is up more than 50 percent since last year, at $3.26 per gallon on average. Gas prices have increased every day for 27 days. Some Americans are even paying $7.59 a gallon.

Reminder: President Biden’s first executive order killed the Keystone XL Pipeline as part of his war on energy–contributing to the massive spike in energy prices.

And he wants to go further, with more crippling taxes on energy.

Staying warm this winter will also cost a fortune. According to the Wall Street Journal, millions of families who rely on propane to heat their homes will see prices soar:

“Even if this winter is 10% warmer than forecast, those who heat their homes with propane should expect a 29% bump, on average, the Energy Information Administration said this month. Under the agency’s expected scenario, buyers could pay 54% more than the past few years. 

“That increase equates to an extra $1,600 in the South, about $1,800 in the Midwest and $2,000 in the Northeast. If it is 10% colder than forecast, bills could nearly double, the agency said.”

Bottom Line: More government spending and higher taxes are the last thing American families need right now.

READ: Federal Reserve Official Warns of Inflation Risk Due to Biden Spending