Gas Prices Rise with Vaccine Distribution, Biden Administration’s Environmental Policies
https://thetexan.news/gas-prices-rise-wi...+-+RSS+Campaign
The prices Texans pay at the pump have increased of late, but the cause is a complicated mix of policy and macro-economic factors.
Brad Johnson


Prices at the pump are one of the most used barometers of economic health. Since President Joe Biden assumed office, ushering in an energy policy sea change compared with his predecessor, Texas’ average gas price jumped $0.52.

Texas is still $0.26 lower than the national average.

Higher gas prices mean higher costs to ship goods to the consumer. They also mean less traveling and therefore less commerce on a macro level.

In the throes of the recession, the statewide pump average nearly reached $4 per gallon — providing the most easily understandable example of a lame economy limping along to the beat of a busted housing bubble.

Gas prices are generally a product of four cost components:-- excerpt, rest at link above --