Gas Prices see Steep Incline under Biden Administration

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On Wednesday morning, May 12, Americans woke up to news coverage relaying that the US is currently experiencing gasoline shortages, and as a result, rising gas prices. Such is a direct result of the ransomware attack on Colonial Pipeline.
However, it is no secret that gas prices under the Biden Administration have significantly risen prior to the Colonial Pipeline incident. Regardless, President Biden assured Americans Thursday morning. “I want to be clear—we will not feel the effects at the pump immediately […] The is not like flicking on a light switch. This pipeline is 5,500 miles long.” As carried on national television from the White House, Biden projected a “region by region return to normalcy”.
Despite the President’s remarks, and attempts at reassurance, Americans flocked to gas stations to purchase extra gas in case of a severe shortage. Some Americans, comedically, even resorted to filling plastic garbage bags with gasoline.
Biden circled back, stating, “Don’t panic. I know seeing lines at the pumps or gas stations with no gas can be extremely stressful. But this is a temporary situation. So not get more gas than you need in the next few days… Panic buying will only slow the process.”
Gas prices have witnessed a steep increase, rising as high as $4.59 per gallon, a stark contrast to President Trump’s low of $1.74. Of course, prices vary state to state, but across the board are indicative of the Presidential administration.