Posted on 03/31/2022 12:00:51 PM PDT by 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.
(Excerpt) Read more at dailymail.co.uk ...
FJB LGB
He’s a retarded moron. Like Barry Osama said “never underestimate Joes ability to Eff things up!”
That’s the only thing that commie suck face was right about.
In Bidens world everyone can afford an electric car and the electricity to charge it is FREE!!
In the real world, most people don’t have $1,000 for an emergency, and cant even pay their utility bills now because of HIM!
Our food bills are up $80 a week and that is cutting out any luxury meat to boot.
All meat is now luxury meat.
Until we are all on EBT and get our monthly ration of Impossible Burgers.
$600 to $1,000 payments, but saving $80.
Sounds like your typical Democrat fiscal logic.
You are generous to be entertaining and feeding other people.
Pretty soon, we won’t be able to do that!
My daughter does my food shopping. Yesterday she bought two chicken breasts for $8.50. Wt. 1.3 lbs. Ridiculous!
I don’t know how families do it...cope with this food inflation.
Unless they are on SNAP and WIC and free school lunch.
I was fueling up the other day, and several people were openly cursing Biden at the pumps.
Lots of hate and discontent when it comes to that demented stooge.
Plus my gas powered car will eventually wear out. Instead of "scarce as hens' teeth" people will say "scarce as affordable low mileage used cars."
“I don’t know how families do it...cope with this food inflation. Unless they are on SNAP and WIC and free school lunch.”
It’s part of any Socialist Democrat’s DNA (and any RINO’s) to use whatever manufactured crisis is at hand to either club us over the head, or get more idiots dependent upon Mother Government. Or both!
And, sadly, it WORKS every time it is tried. :(
So HAPPY I don’t have to drive much, anymore. Buying a 2 year old F150 Ford from a friend. I’ve been looking for a vehicle and while I HATE to put ANY money into Brandon’s ‘economy’ (*SPIT*) it will be a cash deal between friends, so I feel better about that part of it, at lest. :(
Biden is a lying jackass
The average family will pay $5300 more over this year than last year because of inflation.
$5300.00 !!!
Yeah, that over-strong recovery and dastardly Putin!
Maybe more, if they have to buy something expensive, like a car. Expensive cars are part of the plan.
Yeah the Pissident bidet surely is a POS. Last night he was chatting about the lynching law. It was such a speech to make one want to vomit. Right after the transgender commentary. All this clown knows is about misfits, weirdos, and the “downtrodden”. I’d just once would like to hear something from those who are productive members of our society. No we hear about the takers, losers, and freaks.
That means that many moms will have to go back to work, or Dad will need a second job.
Not fair, when so many eat for free, including the grifters in the Congressional Lunchroom.
$5,300 is way way too lowball...gas and food prices have doubled here...the “official” govt inflation numbers are not applicable to ordinary consumers
Agree! When everyone in the family is getting hit by inflation, when I try to help, that depletes my savings and leaves me very vulnerable. It’s one damn thing after another.
Too busy this afternoon to calculate the ROI from saving $80/month on a $56K average price electric vehicle
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