President Biden said during a CNN town hall Thursday night that he doesn’t envision gas prices will go down until 2022.
“I don’t see anything that’s going to significantly reduce gas prices right now,” Biden told CNN’s Anderson Cooper. “My guess is you’ll start to see gas prices come down as we get by going into the winter, I mean excuse me, into next year in 2022.
Biden said what will happen with gas prices depends on Saudi Arabia and a few other things “in the offing,” but Biden also said he was resisting talking to Middle Eastern leaders about it.
One California town along the Big Sur coast is seeing startling numbers at the pump — nearing $8 a gallon — as the cost of gasoline surges across the U.S. due to increasing crude oil prices and the continuing supply chain crisis.
Residents of Gorda, a small community situated on the central coast, on Thursday saw the price of a gallon of gas hit an alarming $7.59 — $4 more than the national average.
Premium gasoline had reached an equally astounding $8.50 per gallon.