Speaking to the White House press corp on Tuesday, Biden administration Press Secretary Karine Jean-Pierre explained that Americans should be celebrating $4.00 gas because, well, at least it’s not $5.00 anymore.
“We have seen some important progress for the American people,” Jean-Pierre claimed.
“We have seen real disposable income and real consumer spending both increase in part thanks to the strength of our jobs market,” she said, omitting the fact that the U.S. is currently in a recession.
“Gas prices are down over $1.00 per gallon since their peak this summer. That’s an overall decline of 22%,” Jean-Pierre said of gas prices, which are back up to about $4.00 per gallon.
The White House’s remarks come as gas prices climb at home due to OPEC’s decision to cut the production of 2 million barrels of oil per day, dealing a massive blow to the Biden administration, Valiant News reported.
In response to OPEC’s decision, Biden is planning to drain another 10 million barrels from the rapidly depleting U.S. Strategic Petroleum Reserve and place a ban on exports of U.S. gas, diesel, and other refined petroleum products in order to curb the rise in gas prices.
BREAKING: The Biden admin is going to ease sanctions on the communist government of Venezuela so Chevron can resume pumping for oil there.
They would really rather get our energy from Maduro than Alaska and Texas.https://t.co/fhAq5Zg4EU
— Greg Price (@greg_price11) October 5, 2022
The government is also reportedly considering to lift sanctions on the socialist government of Venezuela to allow Chevron to pump more oil on the condition that Dictator Nicolas Maduro will “resume long-suspended talks with the country’s opposition to discuss conditions needed to hold free and fair presidential elections in 2024.”
While the U.S. has the capability to produce energy for itself with its massive supply of domestic oil, regulatory policies put forth by the “green energy” friendly Biden administration have produced major challenges for refineries at home, as well as dramatic gas price hikes since January 2021, reaching a record high above $5 a gallon in June.
This news and commentary by Andrew White originally appeared on Valiant News.