The Biden administration is preemptively warning Americans that energy and gas prices will likely go higher as a result of the administration’s policies towards Ukraine and Russia.
Jen Psaki, White House Press Secretary, indicated that Americans, who have already endured a difficult year at the pump, will be slammed further.
At a press briefing Tuesday, a reporter asked whether warnings coming from the White House about the impact of Biden’s sanctions against Russia meant specifically that the United States “should expect higher gasoline prices.”
“Yeah, energy prices,” she replied. “Exactly.”
Reporter: “Americans should expect higher gasoline prices” from Russia sanctions?
Psaki: “Yes, energy prices. That’s what we want the American public to be aware is a possibility.” pic.twitter.com/BYFFeN9w1x
— Greg Price (@greg_price11) February 22, 2022
Reported: Democrats criticized for praising Biden’s chart after gas prices drop 2 cents
Actions taken to combat higher gas prices
Daleep Singh (Deputy National Security Advisor for International Economics) indicated that the administration is considering a range of measures to counter rising gasoline prices.
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He also expressed optimism about the possibility of prices dropping.
“There are actions [energy consuming nations] can take with their strategic reserves, there are actions energy producers can take in terms of their spare capacity,” Singh told reporters.
“I’m not going to give you a timeline, but the collective power of those actions, and all the other tools and authorities at our disposal … will be effective in bringing down the price of gas and the price of oil.”
The old strategy reserve tactic. Biden’s two-month old strategy resulted in less than one nickel of a drop in gas prices. This was celebrated by the DCCC with much joy.
If it seems like only yesterday, it’s because it practically was.
Thanks, @JoeBiden. pic.twitter.com/0iHwTLv7fB
— DCCC (@dccc) December 2, 2021
A federal gas tax holiday has been proposed by some Democrats. The gas tax is 18.4 cents per gallon – not exactly small change.
The Biden administration, on the other hand, has shut down Keystone XL Pipeline and closed down Trump-era oil & gas leases Alaska.
Just last week, Biden froze any new oil and gas drilling in response to a federal court blocking one his ‘climate change’ initiatives.
RELATED: Inflation Surges To 7.5 Percent Compared To A Year Ago – Highest Rate Since 1982
Biden Protected by Media
The media took less than 48 hours to blame rising gas prices – which had been skyrocketing over the previous 13 months – on Russia.
“The U.S. economy has been hit with increased gas prices, inflation, and supply-chain issues due to the Ukraine crisis,” CBS News tweeted.
Because the U.S. economy hadn’t been hit by those things until Monday.
Would you look at this complete rewrite of reality from the last 12 months… https://t.co/9TP4jNORM1
— Rusty Weiss 🇺🇸 (@rustyweiss74) February 23, 2022
Google has many sites that claim the rising prices of gas are caused by Ukraine-Russia, completely disregarding a trend that’s been in place for almost a whole year.
Democrats don’t have a plan for reducing energy prices. To borrow a phrase from Psaki, let’s circle back to Singh’s call for action through the strategic reserves.
You may recall that President Trump attempted to fill the Strategic Petroleum Reserve when oil prices were at historic lows, only to have Democrats block it as a “bailout” for the oil industry.
According to reports, oil purchase for strategic reserve was cut from the stimulus. @benhulac https://t.co/Z5aEEHMXcV
— Jennifer Shutt (@JenniferShutt) March 25, 2020
Apart from strategic reserves, it appears that the administration’s only option to reduce prices during the crisis in Eastern Europe lies with foreign producers.
Biden talks about a “plan” to “blunt gas prices.”
Why does that plan not include expanding energy production here at home and reversing Biden’s policies undermining American energy? pic.twitter.com/z7RRIEJbHf
— RNC Research (@RNCResearch) February 22, 2022
If they Do have a more detailed plan to ‘blunt’ gas prices, they’re not letting on.
“Is there any consideration in reversing some of the policies and going back to increasing U.S. energy independence?” a reporter asked Psaki at last week’s press conference.
“I don’t have anything to detail for you … in terms of what [the President] is considering,” she replied.
They’ve had over a year to address the problem. A conflict which has nothing to do American security now creates an additional burden. And they still don’t have any details on what to do.
So, while you’re contemplating a budget that includes an increase of over $600 in gasoline prices and over $1,000 in energy prices overall according to the Heartland Institute, ask yourself one question.
Is the White House just not caring? Is this part of the White House’s climate agenda? Is it just plain incompetent?
We are all for them.