So the fraud makes a statement during a speech the other day that "in 41 states plus the District of Columbia, the average gasoline price is less than $2.99."
According to the American Automobile Association, that is entirely false. ZERO states have an average gasoline price under $2.99/gallon.
Biden Gets Himself Stuck in a Fact-Checking Disaster With Gasoline Prices That DO NOT Exist "In 41 states plus the District of Columbia, the average
www.lifezette.com
In NJ, where we usually have some of the lowest gas prices in the nation, regular unleaded, cash price is about $3.50 which is still $1.40 higher than it was when Trump left office.
But again, I have to reiterated, gas prices are being kept artificially low by Biden as he dumps 1 million barrels per day on the global market from the Strategic Oil Reserve. The oil reserve is being depleted to lower prices so Democrats don't get clobbered in November. This should be an illegal use of the oil reserve which was created to keep the US oil supply constant in the event of some kind of oil shortage. After the mid-terms, Biden will be forced to stop taking oil from the SOR, and he will be required to refill the reserve by buying oil on the open markets. This will cause problems 3 ways. 1. The million barrels a day he is taking now will stop lowering the supply, 2. He will need to purchase oil on the global markets to refill the SOR which will lower the global supply even more, 3. He will be spending more money to buy the oil adding to the deficit/debt during an inflationary period.
Oil prices will rise. Inflation will spike again and the economy, already close to recession will collapse even more. As Biden once said, "Gird your loins".
abc30.com
