- President Joe Biden’s approval ratings have tanked as gas prices and inflation have soared.
- Energy analysts say the price of oil, not Biden or his policies, are to blame for higher gas prices.
- Gas prices are higher in 93 countries than they are in the United States.
WASHINGTON – Five-dollar-a-gallon gas isn’t a good deal in the United States, but in other parts of the world, it’s a bargain.
Drivers in Hong Kong pay over $11 a gallon at the pump. Filling up in Finland costs over $10 a gallon. In Iceland, Norway, Greece, Denmark, the Netherlands, Monaco and the Central African Republic, the price of petrol tops $9 per gallon.
In fact, compared to the rest of the world, the U.S. is in the middle of the pack when it comes to gas prices – even as inflation takes its toll on the American economy. Prices are higher in 93 countries and cheaper in 74 others, according to an analysis by GlobalPetrolPrices.com, which tracks the retail prices of motor fuel across the globe.
That may not be much consolation for President Joe Biden, whose approval ratings have tanked as petrol prices have spiked and inflation has soared. Four in 10 Americans blamed Biden and his policies for higher gas prices in a Quinnipiac University poll in March.
But energy analysts say the rising cost of oil is fueling gas prices across the globe and at home, not Biden or his policies. How can the president of the United States be responsible for $8-a-gallon gas in France?
“He has no real effect on world oil…