…Biden’s remarks come as many economists have been raising the alarm about inflationary pressures and as gas prices have surged across the nation to levels not seen since 2014. As of July 5, the national average for a gallon of regular gasoline has risen to $3.22, a seven-year high, according to the U.S. Energy Information Administration. …Since taking office, Biden has canceled permits for the Keystone XL pipeline and paused leases for new oil and gas drilling on federal lands, while vowing to end fossil fuel subsidies and to lower U.S. greenhouse gas emissions by 50 percent by 2030. …“As millions of Americans travel this holiday weekend, they are feeling the cost of Biden’s policies at the pump,” Republican National Committee Chair Ronna McDaniel wrote in a July 3 Twitter post. “Gas prices are at their highest level in 7 years.”
