Just in time for the holiday season, the cost of gas continues to fall as President Biden’s economic agenda addresses the root causes of inflation and eases the supply-chain bottleneck. Thanks to the leadership of President Biden and congressional Democrats, our economy is on the rise as jobless claims and prices decline.
This week, U.S. jobless claims dropped to the lowest levels since 1969 – the latest evidence that President Biden is leading the country through a historic recovery from the COVID-19 recession.
Bloomberg: U.S. Jobless Claims Decline to Lowest Level Since 1969
The Hill: Biden is delivering the fastest economic recovery in history. Why hasn’t anyone noticed?
Washington Monthly: It’s a Biden Boom—and No One Has Noticed Yet
At the same time, key indicators show the supply-chain bottleneck is easing as car companies return to normal production and U.S. manufacturing starts to match America’s spending.
MotorTrend: The Chips Begin to Fall: General Motors Production Mostly Back to Normal
The Insider: Key indicators hint the supply-chain crisis is over and inflation will cool off soon
CNN: Glimmers of hope emerge in the supply chain nightmare
Meanwhile, with winter and holiday travel ahead, families are paying less at the pump, and experts predict the price of gasoline and natural gas will continue to fall after the New Year.
USA Today: Gas prices will fall below $3 per gallon in 2022, government projections say
The New York Times: Sinking natural gas prices are a sign of hope for household winter heating bills.
WKRC: Gas prices drop in Cincinnati, across the country
The Pittsburgh Post-Gazette: Gasoline and natural gas prices are falling — finally
Published: Dec 9, 2021
Last Modified: Dec 10, 2021