The Biden administration is preemptively warning Americans that energy and gas prices will likely go higher as a result of the administration’s policies towards Ukraine and Russia.
White House press secretary Jen Psaki indicated that the American people, having already suffered through a tough year at the gas pump, are about to get slammed even further.
At a press briefing Tuesday, a reporter asked whether warnings coming from the White House about the impact of Biden’s sanctions against Russia meant specifically that the United States “should expect higher gasoline prices.”
“Yeah, energy prices,” she replied. “Exactly.”
Reporter: “Americans should expect higher gasoline prices” from Russia sanctions?
Psaki: “Yes, energy prices. That’s what we want the American public to be aware is a possibility.” pic.twitter.com/BYFFeN9w1x
— Greg Price (@greg_price11) February 22, 2022
RELATED: Democrats Mocked For Promoting Chart Praising Biden After Gas Prices Drop 2 Cents
Actions to Combat Higher Gas Prices
Deputy national security adviser for International Economics Daleep Singh indicated the administration has a series of actions they will take in order to try and combat higher gas prices.
And, he expressed optimism that the prices would eventually drop.
“There are actions [energy consuming nations] can take with their strategic reserves, there are actions energy producers can take in terms of their spare capacity,” Singh told reporters.
“I’m not going to give you a timeline, but the collective power of those actions, and all the other tools and authorities at our disposal … will be effective in bringing down the price of gas and the price of oil.”
Ah yes, the old strategic reserve tactic. The one Biden implemented just over two months ago that resulted in a gas price drop of less than a nickel and was subsequently celebrated with great joy by the DCCC.
If it seems like only yesterday, it’s because it practically was.
Thanks, @JoeBiden. pic.twitter.com/0iHwTLv7fB
— DCCC (@dccc) December 2, 2021
Some Democrats have floated a federal gas tax holiday. The gas tax is 18.4 cents per gallon – not exactly small change.
On the other side of the ledger, the Biden administration has already shut down the Keystone XL Pipeline, and shut down Trump-era oil and gas leases in Alaska.
Just last week, Biden froze any new oil and gas drilling in response to a federal court blocking one his ‘climate change’ initiatives.
RELATED: Inflation Surges To 7.5 Percent Compared To A Year Ago – Highest Rate Since 1982
Media Pitching In To Protect Biden
The media took less than 48 hours to blame rising gas prices – which had been skyrocketing over the previous 13 months – on Russia.
“The U.S. economy has been hit with increased gas prices, inflation, and supply-chain issues due to the Ukraine crisis,” CBS News tweeted.
Because the U.S. economy hadn’t been hit by those things until Monday.
Would you look at this complete rewrite of reality from the last 12 months… https://t.co/9TP4jNORM1
— Rusty Weiss ?? (@rustyweiss74) February 23, 2022
A quick Google search shows several outlets insinuating rising gas prices are due to the Ukraine-Russia situation, completely ignoring a trend that has been ongoing for over a year.
Not an ounce of integrity https://t.co/Xu46G8M2Uo
— Charles V Payne (@cvpayne) February 23, 2022
Democrats have no real plan to combat energy prices. To borrow a phrase from Psaki, let’s circle back to Singh’s call for action through the strategic reserves.
You may recall that President Trump attempted to fill the Strategic Petroleum Reserve when oil prices were at historic lows, only to have Democrats block it as a “bailout” for the oil industry.
Oil purchase to fill strategic reserve dropped from stimulus, reports @benhulac https://t.co/Z5aEEHMXcV
— Jennifer Shutt (@JenniferShutt) March 25, 2020
Aside from the strategic reserves, the only plan the administration has to lower prices amid the crisis in Eastern Europe is seemingly to rely on foreign producers.
Biden talks about a “plan” to “blunt gas prices.”
Why does that plan not include expanding energy production here at home and reversing Biden’s policies undermining American energy? pic.twitter.com/z7RRIEJbHf
— RNC Research (@RNCResearch) February 22, 2022
If they do have a more detailed plan to ‘blunt’ gas prices, they’re not letting on.
“Is there any consideration in reversing some of the policies and going back to increasing U.S. energy independence?” a reporter asked Psaki at last week’s press conference.
“I don’t have anything to detail for you … in terms of what [the President] is considering,” she replied.
They’ve had over a year to address the problem. Now a conflict that has nothing to do with American security is creating an even greater burden. And they still don’t have any details on what to do.
So, while you’re contemplating a budget that includes an increase of over $600 in gasoline prices and over $1,000 in energy prices overall according to the Heartland Institute, ask yourself one question.
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Does the White House simply not care? Are they doing this on purpose as part of their climate agenda? Or are they simply incompetent?
Our money is on all three.
