WTF do you think Biden did increase gas prices?
No, the commodity traders did. Between what slow Joe and Whorris said about fossil fuels before the election, the closing of the Keystone showing he meant business, the halting of new leases and drilling on public land, OPEC realized they had a friend in Biden, so they cut oil production as well.
The commodities traders seen all this and bought long crude contracts. If you don't understand how that works, think of it like ebay: You own ten barrels of oil and put it up for bid on ebay. People who want to buy oil to resell for a profit bid on your ten barrels. As they bid higher and higher, the price of oil increases. It's almost the same thing that happens in the commodities market, except they bid using contracts.
See, Trump would have never done anything like that. Like during his administration, it kept OPEC from cutting their production because we would make up whatever they didn't produce, and the prices were always low or reasonable. Now we are Fd, because fuel prices normally don't increase in terrible economic times, they rise in good economic times because when more people are working, we use more fuel.
Now that the vaccines are out, Johnson and Johnson just got approval for their vaccine use in the US, people are going to be getting vaccinated like no tomorrow. J&J can vaccinate twice as many people because their vaccine only requires one shot. So if Biden doesn't do anything else stupid, the economy will recover and more people will be returning to work. If that happens, again, we will consume more fuel and the prices will be even higher yet.