Author Topic: Biden White House: We Are Not Trying to Increase Domestic Oil Production to Lower Gas Prices  (Read 79 times)

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Offline IsailedawayfromFR

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The White House acknowledged Wednesday that President Joe Biden was not trying to increase domestic oil production to help lower gas prices in the United States.

During the White House daily briefing, Bloomberg reporter Josh Wingrove asked White House press secretary Jen Psaki whether Biden was considering ways to increase domestic oil production, after sending a public letter to OPEC nations to increase production of foreign oil.

“The point we have made in these communications is that we’re not making a supply question here — or we’re not posing a supply question domestically,” she said. “Obviously, OPEC has its own unique role on the global marketplace.”

Psaki argued that gas prices were higher than they were in 2020 but still around normal.

“Now, gas prices are still aligned with where they were back in 2018,” she said, adding that “they often go up in the summer; we’ve seen that trend over and over again.”

The price of gas has skyrocketed since prices dipped during the 2020 summer during the coronavirus pandemic.

New inflation numbers released on Wednesday showed the cost of gas up 41.8 percent from July 2020.

The Biden administration tasked National Security Advisor Jake Sullivan to urge OPEC nations to increase their production.

“The price of crude oil has been higher than it was at the end of 2019, before the onset of the pandemic,” he wrote in a statement released Wednesday morning, warning that “unchecked” gas costs could risk the global economic recovery.


https://www.breitbart.com/politics/2021/08/11/biden-white-house-we-are-not-trying-to-increase-domestic-oil-production-to-lower-gas-prices/

Translation: We will not increase supply but instead revert to Carter-era limiting of usage.

Get ready for mandates on fuel efficiency, 8 gallon maximum fillups, and, contained within the new so-called infrastructure bill, mileage counters on vehicles so the authorities can 'cap' miles driven.

Maybe Carter-era is not appropriate.  This is more like Soviet enforcement.
« Last Edit: August 12, 2021, 03:53:37 pm by IsailedawayfromFR »
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