{"id":1477980,"date":"2022-05-17T11:45:12","date_gmt":"2022-05-17T15:45:12","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1477980"},"modified":"2022-05-17T11:45:14","modified_gmt":"2022-05-17T15:45:14","slug":"gas-prices-break-record-for-third-time-in-2022","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/gas-prices-break-record-for-third-time-in-2022\/","title":{"rendered":"Gas Prices Break Record for Third Time in 2022"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fgas-prices-break-record-for-third-time-in-2022%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1477980&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><\/div>\n<p>U.S. gas prices have broken records for a third time in 2022, <a href=\"https:\/\/gasprices.aaa.com\/\" target=\"_blank\" rel=\"noopener\">according to<\/a> AAA.<\/p>\n<p>The national average hit $4.52 on Tuesday, 15 cents higher than <a href=\"https:\/\/freebeacon.com\/biden-administration\/gas-prices-boomerang-to-record-highs-on-bidens-watch\/\" target=\"_blank\" rel=\"noopener\">the all-time high hit last Tuesday<\/a>. The record was broken for the first time in March at $4.33 per gallon.<\/p>\n<p>The Biden administration has battled rising fuel prices amid surging inflation and ongoing disruptions to the economy caused by Russia&#8217;s invasion of Ukraine. Inflation\u00a0<a href=\"https:\/\/freebeacon.com\/biden-administration\/inflation-surges-to-40-year-high\/\" target=\"_blank\" rel=\"noopener\">has remained at a 40-year high since December<\/a>.<\/p>\n<p>Liberal economists have suggested President Joe Biden&#8217;s decision to pass trillions of dollars in federal stimulus caused skyrocketing inflation. Former Obama economic adviser Steven Rattner <a href=\"https:\/\/freebeacon.com\/policy\/top-obama-economic-adviser-just-took-a-shot-at-biden-on-inflation\/\" target=\"_blank\" rel=\"noopener\">criticized<\/a> Biden in March for not taking responsibility for the move.<\/p>\n<p>&#8220;This is Biden&#8217;s inflation and he needs to own it,&#8221; Rattner said after Biden blamed the surging costs on Russian sanctions.<\/p>\n<p>Lawrence Summers, who served as director of former president Barack Obama&#8217;s National Economic Council, similarly has <a href=\"https:\/\/freebeacon.com\/biden-administration\/this-study-shows-how-bidens-stimulus-contributed-to-inflation\/\" target=\"_blank\" rel=\"noopener\">blamed<\/a> Biden&#8217;s American Rescue Plan for record inflation.<\/p>\n<p>Following his inauguration, Biden limited domestic energy production by closing the Keystone XL pipeline and placing a moratorium on new U.S. gas leases. In 2022, Biden&#8217;s Interior Department also <a href=\"https:\/\/freebeacon.com\/biden-administration\/biden-just-made-a-move-that-will-likely-push-gas-prices-even-higher\/\" target=\"_blank\" rel=\"noopener\">banned large offshore oil and gas leases in Alaska and the Gulf of Mexico<\/a>.<\/p>\n<p>Before Russia&#8217;s invasion, Biden <a href=\"https:\/\/freebeacon.com\/biden-administration\/biden-gas-price-scandal-video\/\" target=\"_blank\" rel=\"noopener\">blamed other factors<\/a>, including supply chain disruptions and the lingering effects of the COVID-19 pandemic, for rising prices.<\/p>\n<p>Former Obama Federal Reserve chairman Ben Bernanke <a href=\"https:\/\/freebeacon.com\/policy\/even-obamas-fed-chairman-predicts-biden-stagflation\/\" target=\"_blank\" rel=\"noopener\">said<\/a> on Monday the United States is apparently headed for &#8220;stagflation&#8221; under Biden, predicting &#8220;a period in the next year or two where growth is low, unemployment is at least up a little bit, and inflation is still high.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. gas prices have broken records for a third time in 2022, according to AAA. The national average hit $4.52 on Tuesday, 15 cents higher than the all-time high hit<\/p>\n","protected":false},"author":190,"featured_media":1891425,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1477980","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_finder_url":"https:\/\/freebeacon.com\/latest-news\/gas-prices-break-record-for-third-time-in-2022\/","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1477980","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/190"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1477980"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1477980\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1891425"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1477980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1477980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1477980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}