Speaker of the House Kevin McCarthy (R-CA) has criticized President Biden for the most recent spike in gas prices, saying that it is yet another outcome of “Bidenomics.”
In a blog post this week, McCarthy emphasized how Biden’s bad economic policies had led to millions of Americans once again “struggling” with filling up their petrol tanks. In reality, McCarthy noted, gas costs have increased by 30 cents in the past month, leading more than one-third of Americans to reduce their travel.
According to a driver from Wichita, Kansas, who spoke to a local television station, the growing costs are “frustrating since anything that cuts into my pocketbook means fewer dollars that I have to put away towards my retirement, less cash that I have to spend on the things that I enjoy,” McCarthy cited this driver.
“What precisely is President Biden doing to assist regular Americans like Jeremy, then?” McCarthy inquired in a blog post.
He added that Biden has boasted about his attempts to “put an end to all drilling off the East Coast, off the West Coast, and even in the Gulf,” and that “as opposed to releasing our country’s energy production to bring down costs at the gas pump, the President has doubled down on the exact same radicalized Green New Deal policies that increased gas costs by 60% since he became president.”
“I was defeated in court. But we are still pushing extremely hard,” Biden added in a Weather Channel interview process, calling climate change a “existential threat”—a term the extreme left frequently employs to further their Green New Deal proposals. The myth has also caught the attention of mainstream media, which has often blamed rising petrol costs on “climate change.”
McCarthy went on to say:
“We are aware that the foundation of sound economic policy in America involves energy independence. Because of this, we approved the Lower Energy Costs Act, which would lower energy costs by reducing red tape and boost our national security by prioritizing American energy over polluted gas from our rivals like China and Russia.”
Biden, according to the House Speaker, has done the exact opposite, submitting to foreign autocrats while stifling energy independence through new restrictions and “depleting our country’s emergency petroleum reserves down to the lowest point since the 1980s.” And Americans are physically paying the price for all of these bad policies, he continued.
This week, the national average for gas increased to $3.828. The average price a month earlier was $3.543.
“The question of whether gas prices will go up or down appears to be at a crossroads,” according to AAA spokesperson Andrew Gross.
Comments are closed.