# Gas prices up on renewed crude oil demand, not US policy | Fact Check

> US gasoline prices rose in early 2021 as crude oil recovered from the pandemic-era lows and demand was expected to rebound. A social media claim blamed President Biden, but the price increase reflected crude market conditions rather than US policy. Pump prices in Georgia and nationally were still below the levels of a year earlier.

- Date: 2021-02-11 · published 2021-02-11T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/5576-gas-prices-up-on-renewed-crude-oil-demand-not-us-policy-fact-check
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Rising crude costs feed through to diesel and fuel costs for feed producers and transport. The article describes a gradual crude recovery driven by demand, not a new supply shock.

## Read by commodity

- WTI: bullish ▲

## Sources

- factcheck.afp.com: https://factcheck.afp.com/gas-prices-renewed-crude-oil-demand-not-us-policy

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.