Biden blames COVID AND Putin for soaring gas prices, admits it's 'hard to tell' when they will go down and says Americans will save $80 a month if they buy an electric car as he unveils plan to reduce pain at the pumps

daily mail ^ | 3/31/2022 | crilly

[RummyChick]

President Joe Biden said Thursday that record gas prices were caused by the pandemic and Vladimir Putin's war in Ukraine as he unveiled a two-pronged plan to increase supply and reduce demand.

He announced he would release a million barrels of oil per day from the nation's strategic reserve for the next six months and accelerate the switch to electric vehicle.

But his analysis of the cause of the crisis will attract criticism for opponents who accuse him of shifting the blame for his administration's economic woes.

'The problem we're facing with gas prices has two roots,' Biden told reporters at the White House.

'First, the pandemic. When COVID struck demand for oil plummeted so production slowed down worldwide.

'Because of the strength and the speed of recovery demand for oil shot back up much faster than the supply. That's why the cost of gas began to rise last year.

'The second root is Vladimir Putin.'

At the start of the year the price of a gallon was about about $3.30, he continued, while today it is averaging about $4.22.

[RummyChick]

Does anyone have one of these electric cars? Does it really save you that much money considering your electricity goes up (not to mention people cant afford the cars)

[Sacajaweau]

Send me $40,000 for an electric car and a "Free Electricity" Card....and no problem!!

What an a**.

[tet68]

Biden plan to reduce pain at the pumps.
All pumps to be closed 24/7/365.

[Diogenesis]

[BenLurkin]

[BipolarBob]

I’m still waiting on my $2500/yr savings on insurance premiums on the passing (have to pass it to see what’s in it) ObamaCare. And i haven’t got my free crack pipe either.

[V_TWIN]

That pic is missing a couple my friend.....valjar and soros come to mind.

[cranked]

BidenIdiot and his Leftist idiot handlers will utterly wreck this country and blame everyone but themselves and their policies for the wreckage. Bet. Fact.

Just under three more years of this sh*t!
We so fraked....

[SuperLuminal]

More proof that:
The only good communist is a dead communist...

[ProtectOurFreedom]

“The problem we're facing with gas prices has two ONE root” — ME!

[ProtectOurFreedom]

Sorry, you blinked and 2X of your Obamacare savings were Hoovered up by Bidenflation.

[Governor Dinwiddie]

There is no good economics in buying an electric car. This is especially so for the average wage earner who doesn't have lots of tax deductions and a personal accountant.

If a person owns a serviceable gas powered car, it's better to keep it in good repair than to buy a new one.

[yetidog]

Proof that he just makes s—t up.

[MNJohnnie]

So Bare Shelves Biden

Was it Covid or Putin that told you to say this in 2019?

Biden: “I Guarantee You We're Going To End Fossil Fuel”

https://www.youtube.com/watch?v=Slszva6kk90

[bray]

Trump had it below $2/gal with a stronger economy.

[William of Barsoom]

Give me a Federal Grant of $50,000, and I’ll buy an electric car tomorrow.

(Note: Electric cars are actually powered by coai, oil, or gas most of the time. It’s just burned someplace else, many miles away.)

[Tilted Irish Kilt]

CNBC discussed 'rented' electric vehicles (EV) today,
and said that manufacturers would charge $0.31 per mile usage fee,
as well as whatever electric recharge expense ($$) you may incur.
Now we know why electric utility companies set up those meters with timers
so that they could charge different prices for "Off Peak" pricing.

[The Louiswu]

The cheapest Tesla you can buy right now is the Tesla Model 3. According to their website, you can order a new rear-wheel-drive base Model 3 for a price of $48,190 with destination before any incentives.Mar 15, 2022 I’ll just reach into my pants and whip that out. Hahahahahabahah

[RatRipper]

Lying POS he is

[old curmudgeon]

I think this is the 2022 version of “Let them eat cake”.

How did that turn out?