Biden’s dithering on energy production will bring about another Covid summer 2020. Back in March, an American Automobile Association (AAA) survey found “two-thirds of Americans felt gas prices were too expensive at $3.53 per gallon.” The average price for a gallon of gas has now topped $5.
That same survey also found, “If gas were to reach $5.00…three-quarters said they would need to adjust their lifestyle to offset the spike at the pump,” and 80 percent of those Americans said they would drive less.
People are still able to walk to local restaurants, the movies, public social events, and so forth, which is great if you live in center-city or in the middle of a small town. But how practical is that in the suburbs or rural places? And what of family reunions, summer weddings, weekend trips to visit Grandma? (So help me if this impedes my ability to mow the lawn!) Diesel shortages are also affecting bus companies, so there goes the whole “I’ll just use public transport” idea.
Airline tickets are up 25 percent. The price of jet fuel is climbing higher and faster than Tom Cruise in Top Gun. This also means freight costs are through the roof and will be passed onto the consumer. “The rising cost of fuel, especially diesel, means that anything transported on a truck, train or ship is affected,” reports CNBC.
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