Gas Prices Skyrocket to Near $6 Per Gallon in Los Angeles
Fuel prices continue to soar across the country under Joe Biden's economy
Gas prices in Los Angeles, California, skyrocketed to near $6 per gallon over the Memorial Day weekend as fuel costs continue to soar under Joe Biden's struggling economy.
Americans are feeling the pinch across the nation as gas prices have been climbing over recent weeks.
The Mobil station across from the Beverly Center shopping mall, near Beverly Hills and West Hollywood, saw prices rise to dizzy highs on Monday evening, however.
The station was selling regular unleaded gasoline for $5.29 and 9/10 per gallon, and “Super Plus” for $5.99 and 9/10 — self serve, without assistance or a car wash.
Those prices are unusually high, even for liberal Los Angeles.
Typically in LA, many stations charged between $4 and $5 per gallon over the holiday weekend, according to GasBuddy.com.
The average in LA is currently about $4.22 per gallon, the website states.
GasBuddy.com also notes that there are also stations in parts of the L.A. metropolitan area that are still selling fuel for less than $4 per gallon.
But some stations are nearing the $6 per gallon mark, driven by high demand, supply shocks, state taxes, and growing market speculation about reduced future supply.
The Biden administration has tried to soothe public anger over gas prices, with little success.
But Joe Biden’s first acts in office were to cancel the Keystone XL pipeline and suspend new oil and gas activity on federal lands.
The move signaled that the U.S. was abandoning the strategy of energy independence that was successfully championed under President Donald Trump.
Moreover, while the recent hacking of the Colonial Pipeline did not affect California directly, it created concern across the nation about supply shortages.
California Governor Gavin Newsom has also declared that the state will phase out gas-powered vehicles (and, hence, gas stations).
The state is shifting in favor of expensive electric vehicles by banning the sale of gas-powered vehicles by 2035.