Skip to content

Gas Prices Reach Record High During Americans’ Memorial Day Weekend Travel

June 01, 2022

As American families took to the roads for Memorial Day weekend travel, the average cost of a gallon of gas hit $4.62. This increase results in part from President Biden and congressional Democrats’ war on traditional energy and would be made worse by their threat to raise taxes by $145 billion on Made-in-America oil and gas, pipeline and refining firms—killing over 1 million jobs, raising fuel prices even further, and leaving America more dependent on foreign oil.

READ: Americans Brace for More Pain at the Pump

As the New York Post reports:

“Analysts predict that more states will cross the $5-per-gallon average by the Fourth of July holiday as demand is expected to increase while supply remains tight.”

KEY TAKEAWAYS:

  • President Biden Doesn’t Have a Plan to Fight Inflation: President Biden claimed that inflation peaked in December, but it has continued to rise every month afterwards.
  • As Democrats Attack American-Made Energy, Families Suffer: Skyrocketing gas prices will now cost the average American household an extra $2,800 per year. Just this year, families will spend $5,000 on gas, a 78 percent increase from a year ago.

A recent survey found that 69 percent of Americans plan to travel this summer, with gas prices and inflation topping the list of concerns, surpassing COVID.