On Tuesday, while President Joe Biden announced a ban on Russian oil and gas imports, regular gasoline at one BP on Chicago’s South Side was nearly $5.00 a gallon. “$25 is only giving you half a tank,” said Dacia, who was buying a few dollars of fuel. “I probably have to go to Indiana to find somewhere else cheaper. People don’t really have that much money,” she told The Epoch Times. The previous day, average national gas prices had shattered the record set in 2008, reaching a new high of $4.104 according to GasBuddy. That number surged even higher Tuesday, reaching $4.173 according to AAA. “Gas is now officially more expensive than the movie I Am Legend imagined it would be during the apocalypse,” wrote PragerU’s Taylor Trandahl on Twitter. “It’s a dire situation and won’t improve any time soon,” said GasBuddy’s head of petroleum analysis, Patrick de Haan. “GasBuddy …
‘Approve Our Permits’: US Oil Industry Responds After Biden Cuts Imports From Russia
March 8, 2022
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