Gas Price Surge Fueled by Supply Squeeze, But Biden Policies Could Drive Them Higher: Experts

Gas Price Surge Fueled by Supply Squeeze, But Biden Policies Could Drive Them Higher: Experts
Gas prices are displayed at a 7-11 gas station across from the Shell refinery in Martinez, Calif., on March 3, 2021. Justin Sullivan/Getty Images
Tom Ozimek
Updated:

While experts say the current gas price spike is mostly driven by demand recovering faster than the winter storm-squeezed supply, others warn “hostile” White House policies are likely to drive them even higher in the long term.

The average price per gallon in the United States as of Tuesday morning was $2.82, up 34 cents from a month ago, according to Gas Buddy, with experts widely believing consumers should brace for more pain at the pump.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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