Townhall - Tipsheet - Spencer Brown
Build Back Broke: Natural Gas Hits 14-Year High Under Biden
Spencer Brown | @itsspencerbrown | Posted: Aug 23, 2022 2:35 PM
Earlier this summer, the national average prices for a gallon of unleaded and diesel fuel spiked to all-time highs as a result of President Joe Biden and his administration's war on American energy. The president, of course, blamed supposedly "greedy" corporations and Putin's war in Ukraine despite Biden's executive actions to kill off America's energy independence that spurred price increases long before Putin ever fired a shot in Ukraine.
Now, as the national average for gas has fallen from its record-setting highs to still-chronically high prices — up more than $1.50 since Biden took office — natural gas prices are having their turn at spiking as northern states look toward fall's cooling temperatures that will necessitate natural gas-powered heating for many Americans' homes.
The cost for natural gas hit and rose past a 14-year high this week, rising briefly past $10 per mmBTU — one metric million British Thermal Units — for the first time since 2008.
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READ MORE: https://townhall.com/tipsheet/spencerbrown/2022/08/23/natural-gas-prices-hit-highest-level-since-2008-under-biden-n2612127
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