Average gas prices in the U.S. reached a new record high Thursday, according to AAA's gas price calculator, after Republican senators slammed the Biden administration for a "de facto ban on new drilling." This price topped Wednesday's previous record of $4.567, which had beat Tuesday's record of $4.523, which in turn had beat Monday's record of $4.470. "It is unacceptable that agency miscalculations have restricted access to safe, secure, and reliable domestic oil and gas production through substantial, unnecessary, and arbitrary permitting delays," they added. Within his first week in office, Biden signed an executive order temporarily suspending new oil and gas leases on federal lands. Steve Milloy, a former Trump-Pence EPA transition member and founder of JunkScience.com, blamed the president for a lack of U.S. oil production.

Source: Fox News May 19, 2022 17:16 UTC