newYou can now listen to Granthshala News articles!
- Advertisement -

President Biden insisted Tuesday that rising gas prices in the country are not a result of his administration’s climate change policies.

“I also want to briefly address a myth about inflated gas prices,” Biden said. “They are not due to environmental measures. My effort to combat climate change is not increasing the price of gas or its availability. What it is doing is increasing the availability of jobs. To build electric cars. jobs, like the one I drove last week at the GM factory in Detroit.”


Biden’s remarks came during a speech on the economy, during which he also gave a thank you message.

- Advertisement -

Biden appears to read ‘end of quote’ from teleprompter during gas price inflation speech

Republican National Committee (RNC) President Ronna McDaniel said in a statement in response to Biden’s comments, “The failed leadership of Joe Biden has caused prices to skyrocket, and now American families are looking for gas, groceries and more this Thanksgiving.” Paying more.”

FILE - In this October 5, 2021, file photo, cargo ships are seen anchored offshore, sharing space with oil platforms, before heading into the Los Angeles-Long Beach port.  (AP Photo/Eugene Garcia, FILE)

“Biden’s Build Back Brock agenda is not worth $0 – it will pump trillions of dollars in reckless spending into the economy, further raising prices and raising taxes on hardworking Americans. Biden In America, you have to empty your wallet to fill your plate. Gotta do thank you.”

Biden admin considers Michigan pipeline shutdown, criticism and stern warning as winter draws near

Biden’s move to tap in the US Strategic Petroleum Reserve is expected to supply Reports on Tuesday said there is a need for Chinese and Indian oil as demand for gasoline has led to a global shortage. The White House said the Energy Department would release 50 million barrels of oil held in US reserves, of which 18 million have already been approved by Congress for sale.

FILE PHOTO: US President Joe Biden at the South Court Auditorium of the Eisenhower Executive Office building at the White House to serve Federal Reserve Chairman Jerome Powell for a second four-year term and Federal Reserve Board member Lyle Brainard to serve as vice president declare.  In Washington, US, November 22, 2021.  Reuters/Kevin Lamarck/File photo

China and India are actively procuring US sourced crude oil produced in the Gulf of Mexico, first reported bloomberg,

Sour crude oil contains high levels of sulphur, which reportedly makes it more expensive to process and has traditionally turned buyers away.

Granthshala News’ Caitlin McFall contributed to this report.