Big, big trouble for the White House. U.S. average retail gasoline price has hit its highest since Sep 2014 at $3.343 per gallon, according to motoring club AAA.
Every state (including the likes of Mississippi and Alabama) is above $3. California is approaching $4.7 | #OOTT
— Javier Blas (@JavierBlas) February 4, 2022
Wait until the elasticity snaps back between oil and gas prices.
h/t Doorbert Returns