During a recent economic speech in New York, the president claimed, “Today, the most common price of gas in America is $3.39 – down from over $5 when I took office.”
However, “When Biden took office, gas prices were nowhere near averaging $5 per gallon nationwide. In January 2021, when he was inaugurated, gas prices averaged $2.38 per gallon, according to the American Automobile Association (AAA),” Breitbart News reported.
It is correct gas prices have dropped, however, that was after they soared to a record high of a national average of $5 per gallon in June, per AAA.
To make matters worse this holiday season, the rising cost of goods will affect Thanksgiving for the vast majority of Americans, according to a FinanceBuzz survey.
Eighty-six percent of Americans said skyrocketing food prices will make a difference when it comes to their Thanksgiving meal.
“This coincides with the reality of turkey — a staple of a traditional Thanksgiving meal — soaring in price, just in time for the holiday,” Breitbart News reported Tuesday.