Interestingly enough, the European Union is another factor in more expensive gas costs for Memorial Day. Due to the various war crimes Russia continues carrying out in Ukraine, the EU seeks to prohibit imports of Russian oil.
With the market becoming more uncertain and supplies getting farther and fewer in-between, price jumps are just offshoots.
All roads lead to the White House
Despite higher demand for travel and tensions overseas, the Biden administration’s role in current US gas prices is very much alive and well.
This is an administration that’s remained openly hostile towards the energy sector.
The administration operates under the leadership of a president who opposes energy independence and falsely accuses oil and gas companies of price gouging.
Rather than truly bringing down gas prices, Biden’s authentic interests lie in scrapping vehicles that give off gas emissions, along with scrapping other parts of natural energy.
The president would likewise love nothing more than to replace the energy sector with a Green New Deal.