Joe Biden — 46th President of the United States
46th President of the United States, Democratic
Joe Biden
Term: Jan 20, 2021 – Jan 20, 2025
Joe Biden (born 1942) was the forty-sixth president of the United States, serving from 2021 to 2025, and the most recent former president. He signed the American Rescue Plan in 2021 to address the COVID-19 pandemic and a bipartisan infrastructure law later that year. His term also saw high inflation reaching multi-decade levels and the 2021 withdrawal of U.S. forces from Afghanistan, which drew criticism over its execution as the Taliban rapidly retook the country.
“We've learned again that democracy is precious; democracy is fragile. At this hour, my friends, democracy has prevailed.”
Gas prices during the Biden presidency
- At inauguration
- $2.33
- Jan 2021
- On leaving
- $3.21
- Jan 2025
- Change
- +38.0%
- +13.7% in 2026 dollars
- Average
- $3.56
- $4.04 in 2026 dollars
- Peak
- $5.06
- Jun 2022
- Low
- $2.33
- Jan 2021
U.S. average, regular grade · Jan 2021 – Dec 2024
Nominal U.S. national averages including taxes (EIA / BLS); regional prices vary widely. Compare all presidencies on Gas Prices by President.
Events during this term
- Russia's invasion of Ukraine
War · Prices rose · Feb 2022 – Jun 2022
During this term: pump price $3.59 → $5.06 (+40.8%)