At the end of 2021, the Biden administration released its energy outlook forecast for 2022, and their predictions show just how little they understand about American energy and how utterly unprepared they were for the energy crisis Biden was creating.
The U.S. Energy Information Administration — under the Department of Energy led by Secretary Jennifer Granholm — releases "short-term energy outlook" reports each month to provide information on liquid fuels and forecast their future trends. Their report issued December 7, 2021 — archived here — notes that the forecast "remains subject to heightened levels of uncertainty related to the ongoing recovery from the COVID-19 pandemic" but proceeded to estimate that "U.S. GDP will grow by 5.5% in 2021 and by 4.4% in 2022."
And here's what the Biden administration predicted for gasoline in 2022, just six months ago:
U.S. regular gasoline retail prices averaged $3.39 per gallon (gal) in November, a 10 cents/gal increase from October and $1.29/gal higher than in November 2020. The November monthly average was the highest since September 2014.
We forecast that retail gasoline prices will average $3.13/gal in December before falling to $3.01/gal in January and $2.88/gal on average in 2022.In subsequent short-term energy outlooks, even as gas prices continued so soar, the Energy Department continued to keep its head buried in the sand and pretend prices would go and stay low.
In January, they said "gasoline prices will average $3.06/gal in 2022 and $2.81/gal in 2023."
In April, they predicted "U.S. prices for retail gasoline will average $3.84 per gallon (gal) this summer (April–September).
https://townhall.com/tipsheet/spencerbrown/2022/06/13/flashback-biden-admin-said-gas-in-2022-would-average-288-n2608630
