The admin has consistently blamed Russia and other intervening forces for the price hike until now.
QUICK FACTS:
- President Joe Biden admitted during a recent speech that the massive spike in gas prices is being used to make far-reaching economic changes.
- Biden’s comments came Monday while he spoke at a press conference in Tokyo, telling listeners the unaffordable gas prices are part of the push for green energy.
- The president said that the increase in prices is pushing an “incredible transition” that will make the nation “less reliant on fossil fuels.”
- However, he also said that he’s taking steps to stop the price increase, including releasing oil from the U.S. Strategic Petroleum Reserve, according to Fox News.
BIDEN’S COMMENTS TO THE PRESS ABOUT OIL:
- Biden’s comments came following his meeting with Prime Minister Fumio Kishida.
- “When it comes to the gas prices, we’re going through an incredible transition that is taking place that God willing when it’s over we’ll be stronger. The world will be stronger and less reliant on fossil fuels when this is over,” Biden said.
BACKGROUND:
- The national average for a gallon of regular gas is currently $4.56 per gallon, as of Monday, which is 40 cents higher per gallon than one month ago.
- California’s average is noticeably higher, ringing in at $6.06 for the state average with some areas reaching $7 per gallon.
