The average price of a gallon of self-serve regular gasoline in Los Angeles and Orange counties both rose to record highs Feb. 4 because of the switch to summer-blend gasoline and higher oil prices.
Despite the pressure from climate change activists in the federal government and the private sector to cut back on drilling for oil, the price for fossil fuels is the highest since 2014.
Slapped on a gas pump next to the digital meter display, the stickers tell a simple, powerful story: Today’s gasoline prices, the highest in years, are courtesy of the commander in chief.
The CEO of United Airlines has warned that prices for flights during the busy holiday season will spike. United Airlines CEO Scott Kirby said surging fuel prices are to blame for the upcoming travel prices that are expected to balloon.
US gasoline prices, retailing at seven-year highs above $3.15 per gallon due to peak seasonal demand and outages from Hurricane Ida, are expected to fall to under $3 by the fourth quarter of this year, the Energy Information Administration (EIA) said on Wednesday.
In a notable break with progressives, Sen. Joe Manchin (D-W.Va.) said in an interview that the coal industry “will be saved, has to be saved, because the country can’t survive without it.”