
Jackie DeAngelis sounds alarm on inflation 'tipping point,' predicts $5 national gas average
Fox News
FOX Business' Jackie DeAngelis warned on "The Faulkner Focus" Wednesday that Americans could see gas prices reach an average of $5 nationwide as Biden continues to wage a war on fossil fuels.
JACKIE DEANGELIS: There's going to be a lot of Americans out there who they came out of the pandemic and they had saved some money. They took inflation on the chin. They wanted to be out, have experiences, travel with their families. And of course, they're going to continue to put food on the table and fill their car with gas to get from point A to point B. But there is going to be a tipping point, where people just can't do it anymore. Maybe it's sometime this summer when gas prices reach their highest point seasonally. … You could see gas prices shoot up closer to $5 when we hit July 4th. That's the peak of the summer driving season.
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