FOLLOW US

America May 19, 2022 2 mins read

Gas Prices Set to Reach $10 Per Gallon as Likely Recession Looms

America ı By Gabrielle Seunagal

0 Comments

USA Herald

For months on end now, high gas prices and inflation have been the ball and chain attached to the US economy.

Despite these ongoing problems, the White House is not employing measures to turn things around.

Joe Biden is still trying to rally Congress to spend more money. Meanwhile, the Interior Department recently cancelled oil and gas lease sales in both the Gulf of Mexico and Alaska.

Things will not improve so long as the current administration remains loyal to the policies that brought expensive gas and inflation into inception.

Now, chilling reports about gas that is soon to reach $10.00 per gallon, along with a recession in 2023, are details every American deserves to know.

What to know about $10.00 per gallon gas

Gas prices are soaring in the United States; this is driven by the Biden administration repeatedly keeping its foot on domestic energy production and other pro-energy policies.

Now, in Washington state, certain gas station pumps have begun undergoing reconfiguration for prices set to reach double digits.

For quite some time, $10.00 per gallon gas was something one would associate with a dystopian sci-fi movie; however, in Biden's America, it's an incoming reality.

https://twitter.com/WAGOP/status/1527366297293426688

Frank Macchiarola, the senior VP of American Petroleum Institute, has admonished the Biden administration for its role in the gas prices to come.

Macchiarola recently lamented how the White House expresses the need for more gas, while also working against this via its policies.

He also warned the best way to combat high prices of gas is with a federal offshore leasing program that covers a five-year span.

What to know about a likely recession in 2023

A number of economists from Deutsche Bank on down have cautioned that a recession is on its way within the next 12 months. Economists argue that a sizable factor in this shall involve the Federal Reserve upping the country's interest rates.

https://twitter.com/KJCFactsMatter/status/1527366192494628864

Now, a brand new poll from Quinnipiac University shows most Americans agree with economists' prognoses. Per the poll, 85% of Americans believe a recession will arrive within the next 12 months.

80% of the country likewise agrees the economy is not doing well. All of this comes against the backdrop of Biden's promise to be the "build back better" president.

Previous Article

Allianz Global Investors U.S. to Pay $6 Billion to Settle Fraud Charges

Read More
2659 Posts

Gabrielle Seunagal

Gabrielle Seunagal is a full-time freelance writer, editor, and voice actor, who worked with USA Herald from June 2017 to November 2024. She is passionate about fitness, travel, and combating human rights abuses like human trafficking and child marriage.

Discussion

No comments yet. Be the first to join the discussion!

Don’t Miss It
America September 14, 2026
IRS Micro Captive Rules Face Sixth…

Some legal battles don’t end with a single ruling —…

By – Rihem Akkouche
America September 14, 2026
EPA Planet Warming Limits Removal Sparks…

Regulations built over years can sometimes be dismantled in a…

By – Tyler Brooks
America September 14, 2026
Thryv to Sell Print Directories, Betting…

Every company reaches a fork in the road where its…

By – Tyler Brooks
America September 14, 2026
Zurich Beazley Takeover Clears Regulatory Hurdle…

Multibillion-dollar takeovers rarely move in a straight line — they…

By – Rihem Akkouche
America September 14, 2026
AirBaltic Filed for Chapter 11 as…

Airlines are built to weather turbulence in the sky —…

By – Tyler Brooks
America September 14, 2026
BloodHound Q50 Killing Exposes Chaotic Ambush…

A gas station at 4 a.m. is usually just a…

By – Tyler Brooks
America September 14, 2026
BloodHound Q50 Killing Exposes Chaotic Ambush…

A gas station at 4 a.m. is usually just a…

By – Tyler Brooks
America September 14, 2026
US Borrowing Costs Hits 5% as…

Numbers on a bond yield chart rarely feel dramatic —…

By – Tyler Brooks
America September 14, 2026
Bamboo Insurance IPO Eyes $3.24 Billion…

Not every company waits for perfect conditions to make its…

By – Rihem Akkouche
America September 14, 2026
Abbott $384M Settlement Closes Chapter on…

Few products carry higher stakes than the formula parents feed…

By – Rihem Akkouche
America September 14, 2026
Bob Mackie Death Ends an Era…

For more than five decades, one man decided what glamour…

By – Rihem Akkouche
America September 14, 2026
Department of War Waives UAP NDA…

Key Takeaways The Department of War has authorized current and…

By – Samuel Lopez
And More September 14, 2026
Sydney Sweeney and Scooter Braun Celebrate…

Sydney Sweeney celebrated her 29th birthday with a public declaration…

By – Jackie Allen
America September 13, 2026
AI Whistleblowers:  Warnings  Coming From Inside…

AI Whistleblowers are increasingly sounding the alarm about the speed…

By – Jackie Allen
America September 13, 2026
Serena Williams’ Daughters Make History as…

Serena Williams has built one of the most decorated careers…

By – Jackie Allen
America September 13, 2026
KJ Biermann Faces Seven Felony Charges…

KJ Biermann, the 15-year-old son of “Real Housewives of Atlanta”…

By – Jackie Allen
America September 13, 2026
Team USA Reaches Women’s Basketball World…

BERLIN — Team USA advanced to the FIBA Women’s Basketball…

By – Jackie Allen
America September 13, 2026
In-House Attorneys’ Group Takes Rival to…

Key Takeaways The Association of Corporate Counsel has filed suit…

By – Samuel Lopez
America September 13, 2026
China Expands Legal Reach Abroad as…

3 Key Takeaways China is expanding laws that can reach…

By – Samuel Lopez
America September 13, 2026
Bayer’s $7.25 Billion Roundup Settlement Faces…

Key Takeaways Bayer’s Monsanto unit will ask a Missouri judge…

By – Samuel Lopez
America September 13, 2026
Tylenol Maker and Pharmacy Chains Ask…

By Samuel López | USA Herald Tylenol maker Kenvue and…

By – Samuel Lopez
America September 13, 2026
DOJ Uses Alien Terrorist Removal Court…

Key Takeaways The Justice Department has completed the first removal in…

By – Samuel Lopez
America September 13, 2026
Federal Judge Stays Discovery In Lawsuit…

Key Takeaways A federal magistrate judge stayed discovery while the…

By – Samuel Lopez
America September 13, 2026
Court Finds First Amendment Violation in…

Key Takeaways The Superior Court found that unexplained sealing violated…

By – Samuel Lopez
America September 13, 2026
Lawyers Are Getting Burned by AI…

Key Takeaways Courts across the country have been sanctioning lawyers…

By – Samuel Lopez
America September 10, 2026
41% of Lawyers Say Legal Careers…

Key Takeaways More than 41% of surveyed lawyers say the…

By – Samuel Lopez
America September 10, 2026
Anthropic Says It Caught Scientists Trying…

Key Takeaways Anthropic’s newest threat intelligence report details five case…

By – Samuel Lopez
America September 10, 2026
Wrongful Death Lawsuit Against Energy Drink…

Key takeaways The latest reported order paused the family’s lawsuit…

By – Samuel Lopez
America September 9, 2026
Ambient AI Could Be the Next…

Key Takeaways Ambient AI can turn conversations into draft records,…

By – Samuel Lopez
America September 5, 2026
Georgian National Indicted in Money Laundering…

By Samuel López | USA Herald A federal grand jury…

By – Samuel Lopez
America September 11, 2026
Bears and RB Swift $33.75M Extension…

Sometimes the best deals get done before the clock even…

By – Tyler Brooks
America September 11, 2026
Skywatchers: Moonshadow Creates Dramatic Blood Moon…

A Moonshadow transformed the night sky Aug. 27 as the…

By – Jackie Allen
America September 6, 2026
Travis Kelce-Backed Club Car Wash Faces…

By Samuel López | USA Herald A fast-growing car wash…

By – Samuel Lopez
America September 6, 2026
‘DWTS’ Gleb Savchenko Lists $1.4 Million…

By Samuel López | USA Herald Factual Background Gleb Savchenko…

By – Samuel Lopez
America September 4, 2026
Trump Calls Tiger Woods DUI Plea…

In This Report Tiger Woods accepted reduced charges and surrendered…

By – Samuel Lopez
America September 2, 2026
Clippers Fined $30M as NBA Drops…

A year-long investigation just landed on the Los Angeles Clippers…

By – Rihem Akkouche

No posts found.

No posts found.

Signup for the USA Herald
exclusive Newsletter