Biden’s ‘People’ Celebrate Gas Prices Going Below $4, Forgetting That’s 40% Increase To Pump Price When He Took Office

White House aides and members of the press minimized the larger context of record-high rates in a way advantageous to President Joe Biden when national average gas prices dropped below $4.00 per gallon for the very first time in several months.



AAA reports that prices have decreased to $3.99 per gallon since Thursday, whereas data from the Energy Information Administration shows that prices were above $5.00 per gallon in early June and $3.53 in the days before the Russian incursion into Ukraine. But the price of a gallon of gas in late January 2021 was $2.39, a 67% increase from when Biden took office and a cumulative increase of over 70% before the Russian invasion.

White House officials painted the event as a win for Biden. For example, National Economic Commission Director Brian Deese told CNN that the somewhat reduced costs indicate “meaningful savings that people are going to feel in their lives” and that customers may anticipate prices to go down a bit further.

After the Senate began debating the $740 billion Inflation Reduction Act, White House Chief of Staff Ron Klain took to Twitter to announce that gas prices had fallen for a second consecutive day.

Similarly, media coverage of the slightly reduced prices typically glosses over the underlying reasons for the trend while portraying it in a positive light.

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The Associated Press reported that “gasoline prices dipped to just under the $4 mark for the first time in more than five months — good news for consumers who are struggling with high prices for many other essentials.” “Republicans blame President Joe Biden for the high gasoline prices, seizing on his decisions to cancel a permit for a major pipeline and suspend new oil and gas leases on federal lands. Biden said over the weekend that a family with two cars is saving $100 a month because prices have dropped from their peak in mid-June.

The New York Times remarked that “energy costs feed into broad measures of inflation, so the drop is also good news for policymakers who have struggled to contain the price increases and for President Biden, who has pledged to lower gas costs.” “Regardless of the causes, the lower prices are a welcome change for drivers for whom the added expense — often $10 to $15 extra for a tank of gas — has become yet another hurdle as they seek to get their lives back to normal as the coronavirus pandemic eases.

But Biden, though, blamed Russian President Vladimir Putin for the soaring cost of gasoline.

Putin’s price hike hit hard in May here and around the world: high gas prices at the pump, energy, and food prices accounted for around half of the monthly price increases, and gas pump prices are up by $2 a gallon in many places since Russian troops began to threaten Ukraine,” Biden said in a June release. “Even as we continue our work to defend freedom in Ukraine, we must do more — and quickly — to get prices down here in the United States.

The White House has been slow to provide oil and gas licenses despite having rejected Keystone XL pipeline expansions last year. However, it argues that a rise in fuel prices might hasten the United States’ adoption of renewable energy sources. So, according to Biden’s White House, while Americans are suffering from high energy prices, they should be relieved that their suffering may hasten the adoption of renewable energy sources.

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