Democrats’ Gas Price Increases Vaporize Stimulus Checks
Most of the country has already seen increases in the price of gasoline that are closing in on $1/gallon. This is a direct result of White House Executive Orders that clearly violate federal law. These orders have stopped the leasing of Federal land and sea areas for energy production. Multiple state AG’s have filed lawsuits challenging the legality of these orders.
The increase in energy pricing, be it oil or natural gas, will more than wipe out the $1400 stimulus check that the government is sending out. There is the direct cost of operating one’s vehicle. Then there are the indirect costs. Specifically, these include things like transportation costs to bring goods to market. Increased costs for deliveries to one’s home. Of course, airline ticket costs will have to increase. How about heating one’s home? That’s another area that will see increases. Then there is the cost of electricity. Much of electric generation in the US is from the burning of natural gas. The cost of that will go up.