Gas prices are on the rise again in the U.S. and have more than doubled since President Biden took office despite the White House recently saying that “costs have fallen for everyday purchases from a gallon of gas to a gallon of milk.”
As of Wednesday, April 10, AAA’s national average cost for a gallon of gas is approximately $3.62, up from the $2.39 figure when Biden was sworn in on Jan. 20, 2021. That means the price of gas has risen more than 50% since the beginning of Biden’s presidency.
On March 11, the White House said “Inflation is down by two-thirds from its peak, and costs have fallen for everyday purchases from a gallon of gas to a gallon of milk.”
However, data from GasBuddy shows that gas prices have been steadily rising since then and have increased around 25 cents per gallon since the beginning of March.
The White House did not immediately respond to FOX Business on Wednesday when asked about the matter.
In June 2022, the national average cost for a gallon of gas hit $5 a gallon, the highest that AAA has seen since it started tracking the data in 2000.