BOMBSHELL: Gas Prices Soar – Mass Closures Across U.S.

Fuel prices continue to soar across the nation. A Los Angeles gas station sold fuel for almost $6 per gallon on Memorial Day weekend.

The Mobil station across from the Beverly Center shopping mall, near Beverly Hills and West Hollywood, was selling regular unleaded gasoline for $5.29 on Monday evening and “Super Plus” for $5.99 self serve, without assistance or a car wash.

This price is unusually high; over the holiday weekend, many stations were charging between $4 and $5 per gallon. The average, according to GasBuddy.com, is currently about $4.22 per gallon.

GasBuddy.com noted some stations in parts of the L.A. metropolitan area that still sell fuel for less than $4 per gallon. But some stations are nearing the $6 per gallon mark, driven by high demand, supply shocks, state taxes, and growing market speculation about reduced future supply.

The Biden administration incorrectly claimed last week that Americans are paying less for gas today than the average for the past 15 years.

Biden’s first acts in office were to cancel the Keystone XL pipeline and suspend new oil and gas activity on federal lands.

The recent hacking of the Colonial Pipeline did not affect California directly, and there was concern across the nation about supply shortages.

California Governor Gavin Newsom has also declared that the state will phase out gas-powered vehicles (and, hence, gas stations) in favor of electric vehicles, banning the sale of gas-powered vehicles by 2035.

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