WH Economic Adviser Boushey on People Driving Less Due to Gas Prices: We Need to See ‘Some Conservat

[mystery-ak]

WH Economic Adviser Boushey on People Driving Less Due to Gas Prices: We Need to See ‘Some Conservation’ — We Have Lowered Prices

Ian Hanchett 23 Jul 2022

On Friday’s broadcast of “Bloomberg Markets: The Close,” White House Council of Economic Advisers member Heather Boushey responded to people decreasing the amount they drive due to high gas prices by stating that “one of the things we do need to see is some conservation,” gas prices have declined, and energy problems are global and caused by the war in Ukraine.

After Boushey said [relevant exchange begins around 23:35] that the Biden administration has had some “success” in lowering gas prices, co-host Caroline Hyde asked, “Success, but Heather, it’s come at a cost. … The gasoline prices got so high, the five dollars a gallon, which we’ve all seen, has stopped people [from] getting in their cars so much. And that has a ripple effect into the rest of the economy. We’re not talking about gasoline prices coming back so swiftly because they’re still so elevated, relatively speaking, and it’s because people are stopping to buy.”

Boushey responded, “Well, we are seeing prices come down. Let’s be very, very clear about that. But here’s the thing, right, we are in a global energy crisis. This is caused by Putin’s unprovoked war in the Ukraine, and that has led to a challenge in global oil markets. So, one of the things we do need to see is some conservation, but the president has been very focused on making sure that supplies are available, making sure that that can help keep prices coming down, which is what we’ve seen. So, I think we do need to focus though on the fact that we have seen 30 days — 37 straight days of lower gas prices.”

video
https://www.breitbart.com/clips/2022/07/23/wh-economic-adviser-boushey-on-people-driving-less-due-to-gas-prices-we-need-to-see-some-conservation-we-have-lowered-prices/

[LMAO]

Is everyone in this administration well versed in word salads?

[libertybele]

Is everyone in this administration well versed in word salads?

 

[Smokin Joe]

Is everyone in this administration well versed in word salads?

Oh, but of course!

You can't hold people accountable for their statements if no one can figure out what the Hell they said (if anything).

[jafo2010]

This momentary downturn in the price of gas will be just that.  A small spec in time.  I expect gas to shoot to higher levels before year's end.  I expect interest rates to go up to 8-9% by year's end, 12-14% next year.

A complete halt to the economy is coming.  Conservation of energy will not be an issue, because millions will no longer be able to afford to drive their cars.  More people will be walking.  Yes, walking.  And the walking is not a bad thing, for we are all getting Jaba Hut fat!  Millions will be unemployed.  In the coming years, thousands will die of the heat in the summer, and freeze to death in the winter because they will not have electric.  The weekly/daily brown outs are coming to much of America.  What happened in Texas with folks freezing to death will become common place. 

And the UGLY TRUTH is that it will take 10 - 15 years for us to crawl out of the sh*t these green bad deal pukes have buried us in. 

Have you ever starved before?  Well, get ready, for it is coming.  They are destroying the food supply, intentionally.  Seventy some food production plants recently burnt to the ground.  The good news about starvation is that Americans will slim down.  The bad part will be the bodies of the dead that need to be buried as a result of it all.  But hey, Biden says this is the best economy we ever had under his administration.  Who wouldn't believe such an inspirational leader?