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President Joe Biden said Thursday that US drivers should expect to pay high prices for gasoline until the end of the war between Russia and Ukraine.
At a press conference after the NATO summit in Madrid, Biden was asked how long people should pay higher gas prices.
“How long is it fair to expect American drivers and drivers around the world to pay extra for this war?” A New York Times reporter asked Biden.
“As long as that happens, Russia can’t really beat Ukraine and move across Ukraine,” Biden replied.
“This is an important and important position for the world,” he added, again accusing gas prices of rising in the conflict between Russia and Ukraine.
Biden and his fellow Democrats argue that Russia is due to high prices, but his US sanctions targeting Moscow and his efforts to limit oil and gas production in the United States. Little mention is made of well-documented policy efforts. Gas prices began to rise shortly after Biden took office in January 2021, and continued on that path long before Russia invaded Ukraine in late February 2022.
“Russia is the reason for the rise in gas prices. Russia, Russia, Russia,” Biden said. “The reason for the food crisis is because of Russia.”
Oil production
He also said at a news conference that he would not ask Saudi Arabia to raise oil production when he visited Saudi Arabia in July. Earlier this year, he said he would ask Saudi Arabia and other top oil producers to increase supply to address supply problems.
Data provided by AutoClub AAA show As of Thursday morning, the average US price for a gallon of regular gasoline is about $ 4.87. This is a decrease of about 9 cents from last Thursday, but an increase of 25 cents from a month ago.
According to AAA, the national average for June 30, 2021 was $ 3.12 per gallon.
Earlier this month, Biden accused U.S. oil companies, including ExxonMobil and Chevron, of rising prices and threatened to take management action against the industry in a letter sent to the CEOs of major oil companies. .. A generous trigger from both Exxon and Chevron, who accused the Biden administration of taking a hospital position against the fossil fuel industry by limiting drilling.
In a news release earlier this month, ExxonMobil said, “In the short term, we can take steps commonly used in emergencies following hurricanes and other supply disruptions. For example, abandonment or supply of Jones Law provisions. We may establish some fuel specifications to increase it. “
At the same time, officials from the Biden administration say Americans should buy electric cars to deal with rising gasoline prices. according to According to the April 2022 figures in the Kelley Blue Book, the average price of new electric vehicles is over $ 65,000. So it’s expensive for most Americans, especially those who can’t afford a new car.
Republicans say Biden’s green energy agenda and policies targeting the US oil and gas sector are why gas prices have reached record levels. After taking office last year, Biden has signed a series of presidential orders to limit new drilling leases on federal land, end federal subsidies for fossil fuels, and kill the Keystone XL pipeline.
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Jack Phillips is the latest news reporter for The Epoch Times, based in New York.
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