Why petrol stations are dropping prices to pre-pandemic levels

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Petrol Prices News

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An influential, fiscally conservative and libertarian political advocacy group will work with gas stations across the country this week to remind Americans what the price at the pump was four years ago.

Nearly two dozen petrol stations will this week reduce fuel prices to pre-pandemic levels to remind voters how low the price at the pump was four years ago.

"Biden’s war on American energy has had disastrous results and Americans are reeling from high gas prices going into the summer," said Akash Chougule, AFP vice president of government affairs. Sen. Cynthia Lummis, a Republican, will pump gas at one of the events in Wyoming this week, according to an AFP spokesperson.

Republicans have blamed Biden's policies for driving energy prices up, with costs climbing over 41% in the last four years, according to Bureau of Labor Statistics data. Last month, the White House's top economic adviser said the Biden administration will"make sure gas prices remain affordable," as Biden campaigns for re-election in November.

Nearly two dozen petrol stations will this week reduce fuel prices to pre-pandemic levels to remind voters how low the price at the pump was four years ago. Picture: News Limited In previous attempts to keep gas prices under control, Biden has tapped the Strategic Petroleum Reserve for temporary relief. The White House released 180 million barrels from the SPR in 2022 when oil and gas prices surged during the initial months of the Russian invasion of Ukraine. The reserve has been depleted to about 365 million barrels, its lowest level in decades, for which Republicans have lambasted the president.

 

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