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Drivers To See Highest Thanksgiving Gasoline Prices Ever While Diesel-To-Gasoline Spread Soars (Food Prices UP 49% Under Biden, Diesel Prices UP 102%)

by IWB
November 22, 2022
in Investing
Reading Time: 3 mins read
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by confoundedinterest17

As Americans prepare to hit the road for Thanksgiving, average gas prices will be at their highest seasonal level ever, according to GasBuddy.

GasBuddy says the national average is projected to stand at $3.68 on Thanksgiving Day. This is nearly 30¢ higher than last year, and over 20¢ higher than the previous record of $3.44 set in 2012.

And diesel prices, the life blood of the shipping industry, relative to gasoline prices, are soaring. Highest since 2004.

As we approach Thanksgiving Day, it is important to be thankful … that things aren’t even worse under Billions Biden. US CRB foodstuffs are up 49% under Biden while diesel fuel is up 102%.

Now, gasoline prices fell recently as WTI crude prices slipped on slowing demand. And as stimulus wears out.

And its now only food.

Have a holly jolly Thanksgiving!!

My Thanksgiving dinner, because of the cost, will be a Jersey Mike’s turkey and provolone sub (mini). Or this canned dinner.

 



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Tags: BidendieselDieselToGasolineDriversFoodGasolinehighestPricesSoarsspreadThanksgiving
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