Commentary
“We’ve been working really hard to bring the price down,” a COVID-stricken President Joe Biden claimed regarding gasoline prices in a virtual meeting with some of his energy and economic aides on Friday. It begs the question: how hard did he and his team work to bring the price of gas up over his first year and a half in office?
According to Biden, “gas prices have fallen every day this summer for 38 days in a row. Now, you know, you can find gas for $3.99 or less in more than 30,000 gas stations in more than 35 states.” There are more than 145,000 gas stations in America, so he could have put this another way: nearly 80 percent of stations in the country are charging over $4 a gallon; when this president took office the average price was $2.39….
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