Biden Wants to Raise Gas Prices

Marc Nozell via Flickr (CC BY 2.0)

Joe Biden is looking to raise gas prices by removing tax breaks for fossil fuel companies.

According to The Daily Wire:

President Joe Biden pushed for eliminating tax breaks for fossil fuel companies during a speech on Wednesday in Crystal Lake, Illinois, saying that extra tax revenue from those companies would help pay for his agenda.

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Biden’s remarks come as fuel prices have skyrocketed across the U.S. under his administration.

“The national gas price average has increased 40% since the start of the year, from $2.25 on January 1 to $3.13 today,” AAA reported this week. “Moreover, it is not stopping there. Motorists can expect gas prices to increase another 10–20 cents through the end of August, bringing the national average well over $3.25 this summer.”

“I want to provide tax cuts for businesses and consumers who invest in clean energy technologies like renewables, battery storage, next generation aviation fuels, electric vehicles,” Biden said. “I want to set the clean electric standard that moves us to a fully clean and reliable grid.”

Plastics also come from crude oil so look for the prices of those to rise as well.

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MSG Leo
MSG Leo
18 days ago

This illegitimate president needs to be removed now!

Grammaof4
Grammaof4
18 days ago

I haven’t seen $3.139 a gallon since Hiden took office. We are currently at $4.499 per gallon now. Praying that once we get rid of NewScum, the new goobernor will drop the $1.15 per gallon gas tax.

Daughter of Patriots
Daughter of Patriots
18 days ago
Reply to  Grammaof4

WOW – we’re pushing $5 a gal and most places are over that.

Daughter of Patriots
Daughter of Patriots
18 days ago

Thought the flunky already did that!!!

Lorraine E Blazich
Lorraine E Blazich
17 days ago

Gas prices have already increase dramatically. So now puppet biden wants to raise them even more. Why? It is his way of hurting the American people by causing them to experience ever more financial distress? Perhaps the plan is to cause so much financial stress that they will demonstrate and then he can call in the D.C. police actors and arrest them for whatever traps they have created. Get ready for some very stressful times ahead. The government is setting all sorts of traps for the American people. Be very careful. Do not break any laws.

Donald Nicholas
Donald Nicholas
17 days ago

Fortunately the government, in their infinite wisdom, excludes fuel and food from the COLA equation which will save the government billions and will render fixed value pensions useless. That’s the pensions that most of the greatest generation and baby boomers have.

JK Novinger
JK Novinger
16 days ago

And how is Mr. Biden planning to generate enough electricity? Currently and for the foreseeable future, the only way is with fossil fuels!

AZtejas41
AZtejas41
16 days ago

Are you just waking up? He has been targeting gas and oil products, since he first walked in the WH as potus. He will find other ways to increase the cost of fuel as he goes forward. New taxes to support the Infrastructure bill anyone? It’s coming. $7.00 per gallon fuel? They have to make Electric cars the economical choice. It would also help, if the working folks have to rely on the King, just a little bit more. Maybe he can offer to subsidize the cost of fuel, for giving away a few more freedoms.

Roger
Roger
16 days ago
Reply to  AZtejas41

Democrats are trying to make sure poor working Americans can no longer afford to work and will have to rely on modern-day slavery in the form of government entitlements

Robert S. Pelno
16 days ago

How does everyone feel about getting the middle Finger from Biden and the radical Communist Democrats and their Marxist party. I’d like to stick that finger up his AZZ and brake it off

Stephen Russell
Stephen Russell
16 days ago

Paid 3.49 for So CA price

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