Recent polling shows just how concerned Americans are becoming about rising consumer price inflation. A new Fox News survey shows 87% are concerned about prices in general, and 84% say that rising gas prices are a problem for them. A vast majority, at 94%, thought that rising gas prices pose a problem for the national economy.
This week, regular gas was selling in Gorda, California, for $7.59 per gallon for regular grade and $8.49 for premium. Gorda is in Monterey County, and the station charging that price is in a remote coastal area, but the average cost for all of California is $4.54, more than a dollar higher than the national average.
While appearing on a “town hall” broadcast orchestrated by CNN on Thursday, Joe Biden admitted that he has no solution in mind for dealing with rising gas prices. He said that he did not expect gas prices to “come down” until some time in 2022 at the earliest.
Biden told the audience arranged by the network, “I don’t have a near-term answer.” He rambled on for a bit about going into the Strategic Petroleum Reserve until his host bailed him out.
The Biden administration is meanwhile scrapping another option for domestic energy production. The Willow Project would have produced thousands of American jobs in addition to added oil capacity. That project has been embroiled in litigation, and the administration recently changed its position from fighting for the project to abandoning it.
Alaska’s representatives in Congress have been active proponents of the Willow Project, which would have produced 100,000 barrels of oil per day. The project would have provided 2,000 construction jobs and 300 permanent positions.
Sen. Dan Sullivan (R-AK) said the decision to stop prosecuting to save the project “won’t do one thing to help the environment.”
The Alaskan project now stands as just another move by the Biden administration to make America dependent on hostile foreign nations for our essential energy needs.