California Gun Owners Trade Firearms for Gas Cards

California gun owners traded in their firearms for gas cards amid the spike in gas prices. The Sacramento Police Department announced in a press release , “134 firearms were turned into the Sacramento Police Department…

Savannah RychcikMay 23, 20223 min read

Check out the press release below:

According to AAA, the average cost of a gallon of gas in California is roughly $6.07.

Analyst Severin Borenstein of Berkeley’s Energy Institute told CBS News most of the increase in Gas Prices “has come from crude oil prices going up, and that’s because world demand has been coming back quite strongly from the pandemic and supply hasn’t caught up.”

He explained, “Even before Russia attacked Ukraine, we were seeing the production of oil lagging. Producers in the United States are reporting they’re having a hard time getting workers to come back to the oil fields. They’re having supply chain problems with parts and equipment.”

According to Borenstein, “Oil companies are making a lot of money by going along for the ride. They’re selling their oil at the market price.”

He predicted Americans are “in for higher Gas Prices, certainly through the summer and probably through the end of this year, possibly gradually going lower. But we’re not going to see $2 or $3 gasoline even in the near future.”

Fox News noted the White House has placed the blame on Russian President Vladimir Putin.

The administration has promised the president would do everything he can to protect Americans from “pain at the pump.”

Still, Biden has received criticism from Republican lawmakers.