Gas Prices and Drilling Don’t Add Up


Amount since 2009 that gas prices have increased despite the ramp-up in American drilling. An exhaustive analysis by the Associated Press shows no statistical correlation between how much oil comes out of U.S. wells and the price at the pump. In fact, Since 1976, the average monthly gas price, adjusted for inflation, during Democratic presidencies has been $2.25; under Republicans it’s been $2.34.

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