Do you miss Donald Trump yet?
To count the number of times Former President Donald Trump was proven absolutely correct about the harrowing results of Biden’s policies would be an act of futility — it happens far too often.
Skyrocketing gas prices? Trump warned us.
Lawlessness, human trafficking, and drugs on the southern border? Trump warned us.
Woke corruption within every aspect of government? Trump warned us.
However, the greatest admonishment given by Trump was Biden’s inability to steer the country in a positive direction financially and, again, he was proven correct.
No one (not even economists) predicted gas prices, in particular, would skyrocket so quickly but those same economists are now changing their tune.
According to them, we’re in for a ‘cruel summer.’
The United States is quickly reaching a critical state both economically and socially as the already-fatigued public grapples with even more chaos after the pandemic.
We all know gas prices are on the rise as a result of Joe Biden’s disastrous energy policies.
Since day one of his presidency, Biden was determined to destroy all Trump-era economic advancements, including unprecedented energy independence, which enabled the U.S. to advance its negotiating power with foreign leaders.
But that’s all over now.
The price per gallon is once again on the rise and it economists predict it’s only going to get worse.
According to many predictions, drivers across the nation could spend more than $6 per gallon of gas to fill up their vehicles come August.
JPMorgan Chase analysts predict another surge in gas prices. They coined the term ‘cruel summer’ to describe the harrowing realities we’re all bound to face at the gas pump.
“There is a real risk the price could reach $6+ a gallon by August,” said Natasha Kaneva, head of global oil and commodities research at JPMorgan Chase. “U.S. retail price could surge another 37% by August.”
With each additional $1 increase in gas prices, JPMorgan Chase estimates that Americans’ consumer habits will drop by 60 cents.
As of Thursday morning, the average price of a gallon of regular gas had reached $4.59, while a gallon of premium gas had reached $5.20 — more than a $1.50 increase from last year at this time.
Republican lawmakers have begun sounding the alarm, warning the American people of just how bad Biden’s energy crisis is.
Sen. Ted Cruz, for example, has no qualms about revealing what’s really going on, saying “record gas prices are the intended effects of Biden’s deliberate actions.”
President Biden promised to take down American energy during his campaign.
Record gas prices are the intended effects of his deliberate actions. pic.twitter.com/MzGEerGpbv
— Senator Ted Cruz (@SenTedCruz) May 18, 2022
This admission is important because it lays bare the true evil nature of liberalism today.
Author: Nolan Sheridan
These content links are provided by Content.ad. Both Content.ad and the web site upon which the links are displayed may receive compensation when readers click on these links. Some of the content you are redirected to may be sponsored content. View our privacy policy here.
To learn how you can use Content.ad to drive visitors to your content or add this service to your site, please contact us at [email protected].
Family-Friendly Content
Website owners select the type of content that appears in our units. However, if you would like to ensure that Content.ad always displays family-friendly content on this device, regardless of what site you are on, check the option below. Learn More
These content links are provided by Content.ad. Both Content.ad and the web site upon which the links are displayed may receive compensation when readers click on these links. Some of the content you are redirected to may be sponsored content. View our privacy policy here.
To learn how you can use Content.ad to drive visitors to your content or add this service to your site, please contact us at [email protected].
Family-Friendly Content
Website owners select the type of content that appears in our units. However, if you would like to ensure that Content.ad always displays family-friendly content on this device, regardless of what site you are on, check the option below. Learn More
