The following is a chart from Gasbuddy.com. Since right before Joe Biden took office a little over a year ago, prices have been rising rather quickly. Of course, prices really started to go up AFTER he took office. Here is a list of 25 ways in which Biden’s policies have contributed to those higher prices.
As if that isn’t bad enough, the New Mexico Legislature is considering SB 14 and HB 6, both of which will dramatically increase gas prices. SB 14, the “Clean Fuel Standard, would increase gas prices by 35 cents a gallon or more. It remains very much alive in the 2022 session.
The oil and gas industries are markets and prices vary in markets, but when government gets involved, prices go up.