Gas prices are on the rise again in the U.S. and have more than doubled since President Biden took office despite the White House recently saying that “costs have fallen for everyday purchases from a gallon of gas to a gallon of milk.”
As of Wednesday, AAA’s national average cost for a gallon of gas is approximately $3.62, up from the $2.39 figure when Biden was sworn in on Jan. 20, 2021. That means the price of gas has risen more than 50% since the beginning of Biden’s presidency.
On March 11, the White House said, “Inflation is down by two-thirds from its peak, and costs have fallen for everyday purchases from a gallon of gas to a gallon of milk.”
However, data from GasBuddy shows that gas prices have been steadily rising since then and have increased around 25 cents per gallon since the beginning of March.
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The White House did not immediately respond to FOX Business on Wednesday when asked about the matter.
In June 2022, the national average cost for a gallon of gas hit $5 a gallon, the highest that AAA has seen since it started tracking the data in 2000.
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At the time, White House press secretary Karine Jean-Pierre said President Biden’s policies “help the economy get back on its feet.”
“When we talk about the gas prices right now, this is indeed [Russian President Vladimir] Putin’s gas hike… We have seen about 60% increase in the past several months because of the amassing and his invasion of Ukraine,” she said in June of that year.
In a press conference at that time, Biden also admitted Americans do not really care why gas prices are so high, they just want them to go down.
FOX Business’ Timothy Nerozzi and Daniella Genovese contributed to this report.
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