Drew Angerer / Getty ImagesPresident Joe Biden speaks in the State Dining Room of the White House in Washington on Friday. (Drew Angerer / Getty Images)By Cameron Arcand
Published April 5, 2021 at 1:35pm
Gas prices across the country have been noticeably on the rise in recent weeks, and an analyst warns that it shows no signs of stopping.
Patrick De Haan, petroleum analysis for GasBuddy, suggested that President Joe Biden’s energy policies could bring the national average to $3.
“The Biden administration is going to have a profound impact on the oil and gas sector. A lot of Americans, of course, saying, you know, this is what we’re in the midst of, when right now it’s really the economy that’s pushing prices higher,” De Haan said Monday on “Mornings with Maria” on Fox Business.
“But like you said, in the future, absolutely, the limitations on new drilling could eventually become an issue,” he said. “And, of course, now we have this massive infrastructure plan and how to pay for it.”