Biden Campaign Focuses on Gas Prices as Memorial Day Travel Begins
As millions of Americans hit the road this Memorial Day weekend, President Joe Biden’s campaign is focusing on a key issue for voters – gas prices. With less than six months until the 2024 election, the Biden administration is taking action to address the rising cost of fuel.
According to AAA, the national average for a gallon of regular gas is currently $3.609, which is a five cent decrease from one month ago but still seven cents higher than a year ago. In response to these high prices, the Biden administration announced that it is releasing 1 million barrels of gasoline from a Northeast reserve in an effort to lower prices at the pump this summer.
Despite these efforts, analysts are skeptical about the impact this move will have on gas prices nationally. AAA spokesperson Andrew Gross stated that while the sale of the Northeast Gasoline Supply Reserve may help prevent regional price surges, it is unlikely to significantly impact the national average. Similarly, GasBuddy analyst Patrick De Haan noted that while there may be a slight downward pressure on prices in the Northeast, the sale of the reserve is unlikely to have a major impact on gas prices nationwide.
As Americans prepare to travel for Memorial Day weekend, the Biden administration’s focus on gas prices is a key issue that could influence voters as the 2024 election approaches. With a record number of Americans expected to travel by car this weekend, the cost of fuel is a pressing concern for many. Stay tuned for updates on how the Biden administration’s actions impact gas prices in the coming weeks.
