The average U.S. price for a gallon of regular gasoline has more than doubled since President Joe Biden took over, based on data released this weekend.
When Biden took office on Jan. 20, 2021, the average price for a gallon of regular-grade gasoline stood at $2.39. But as of June 5, the price increased to about $4.85 per gallon, according to AAA.
No state averages less than $4 per gallon. California leads the way at $6.32 per gallon, followed by Hawaii and Nevada at $5.47.
As a result, demand for gasoline is dropping, according to GasBuddy analyst Patrick De Haan, who wrote on Twitter: “According to GasBuddy data, weekly US gasoline demand fell 2.3% from the prior week and was 1.5% below the rolling four-week average….