A San Antonio television station warned that experts say Joe Biden’s economy soon result in gas prices peaking as high as $7 per gallon, and staying higher than $5 for some time.
The experts advised switching to electric vehicles and living closer to work.
Jay Young, of oil and gas exploration company King Operating Corp, told viewers: “Don’t buy that house 10 miles, 15 miles just because you want two acres.”
“Don’t worry about your two acres,” Young added, perhaps indicating gas over $5 per gallon may soon be here to stay.
“Driving an hour to work [from] our home every day,” he explained, “that’s going to hurt your pocketbook.”
Another man told the TV station that if these high prices were to become reality, he would switch to an electric vehicle and use mass transit.
These widespread predictions of high gas prices come as the Biden administration is pushing for widespread use of electric vehicles, including a full fleet of electric vehicles for the United States Postal Service.
The administration’s decision to push for electric vehicles has been met by some criticism, including from corruption watchdogs who noticed that high profile Democrat politicians made substantial investments in electric vehicles before the push was announced publicly.
Democrat House Speaker Nancy Pelosi was among these high profile Democrats.
Her husband bought up to $1 million in Tesla stock only weeks before the administration announced its electric vehicle plan.
When questioned, Pelosi’s office replied that “The disclosure forms clearly indicate these investments were made by Mr. Paul Pelosi not the Speaker.”
While no laws were broken by the stock purchase, it raised ethical questions and spurred interest in a Twitter account, @PelosiTracker, which closely followed the Pelosi family’s stock market moves.
This account was ultimately suspended by the big tech platform for dubious reasons, though the account remains active on Gab.
