Economy

ENERGY SECRETARY: Gas Prices Are Surging Because ‘Supplies Not as Robust as They Had Been’

posted by Hannity Staff - 10.29.21

Energy Secretary Jennifer Granholm tried to spin record setting energy costs when speaking with CNN’s Jake Tapper Thursday; saying the high prices are a result of “supplies” not being as “robust as they had been.”

“In the US our natural gas supplies are okay. The prices, though, are high because they are not as robust — the supplies are not as robust, as they had been,” said the senior Biden official.

 

A price for a regular gallon of gasoline in Gorda, California topped $7.59 per gallon this week as the country’s economy continues to struggle with high inflation and supply chain problems.

“Gas keeps getting more and more expensive, especially in California. But perhaps nowhere is it pricier than the remote central coast community of Gorda. The town’s only gas station is offering regular unleaded for $7.59. Premium is nearly $8.50,” reports ABC Los Angeles.

The town is well known for high-gas prices. The station is the only available option for dozens of miles along the Big Sur coast.

 

White House Press Secretary Jen Psaki dismissed growing criticism of high energy prices earlier this month.

“Certainly we all want to keep gasoline prices low, but the threat of the climate crisis certainly can’t wait any longer,” said Psaki.

 

The national price for a gallon of gasoline rose to $3.21 Wednesday, reaching a new high for 2021 after steadily increasing from $2.18 on Inauguration Day.

Experts predict the cost will likely reach $3.30 by the end of October.

CARTER 2.0: Southeast Gas Stations Ration Fuel, Cars Line-Up, Drivers Wait for Hours

posted by Hannity Staff - 5.12.21

Americans in the southeastern section of the country had flashbacks of the 1979 Oil Crisis this week when gas stations began rationing fuel in the aftermath of a major cyberattack against a pivotal pipeline.

“The closure of the 5,500-mile Colonial Pipeline, which carries more than 100 million gallons of fuel from Texas to New Jersey each day, has stretched into its fifth day,” reports the New York Post.

“It sparked wild scenes of panic buying across Georgia, Florida, Virginia and South Carolina — with North Carolina Gov. Roy Cooper and Georgia Gov. Brian Kemp even declaring states of emergency in their areas. Kemp also issued an executive order suspending Georgia’s gas tax through Saturday to help offset the costs of higher fuel prices,” adds the newspaper.

“I DON’T HAVE ANY GAS AND THE STATE OF NORTH CAROLINA DOESN’T HAVE GAS!! WHAT IN THE 2021 IS GOING ON !!” one panicked driver tweeted.

“I’ve seen all these cars waiting and I was like, ‘OMG. I have to fill my tank up!’” said another.

Read the full report at the New York Post.

CARTER 2.0? Gas Runs Dry After Pipeline Cyberattack, Long Lines in NC, SC, FL, VA

posted by Hannity Staff - 5.11.21

A cyberattack against a major energy pipeline along the East Coast caused fuel shortages in states like Florida, Virginia, and South Carolina Tuesday as security experts scrambled to get the key piece of infrastructure back online.

“Drivers along parts of the East Coast are feeling the immediate effects of the shutdown of the Colonial Pipeline following a ransomware attack, reports CBS News’ Laura Podesta. Some waited an hour or more on lines at gas stations before filling up or learning the pumps had run dry,” reports CBS News.

https://twitter.com/toddstarnes/status/1391931129440112640

 

“It was unbelievable. When I was driving today, I thought it was a catastrophe coming! I’ve seen all these cars waiting and I was like, ‘OMG. I have to fill my tank up!’” said one local in South Carolina.

Gas prices jumped six cents within 24 hours, raising the national average to nearly $3 per gallon.

“If this outrage goes past the end of the week … prices could spike pretty dramatically,” said Kevin Book of Clearview Energy Partners.

Read the full report here.

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