Joe Biden’s messaging on fuel prices is constantly shifting gears but they never manage to travel lower.
Friday’s event was an excellent example of the outof touch attitude that this administration has towards this country. The president had been scheduled to address economic issues at the California shipping yard, but they did not consider the CPI reports.
The jarring inflation increase of 8.6 percent was enough to drown out the media outlets desperate to tout the previous night’s January 6 Commission hearing, yet the speech was not only scheduled on the heels of that disaster — they went ahead with planned talking points, oblivious to the economic reality that had just landed. It is unclear how this release was calculated before this date. Also, the fact that Biden’s speech had no changes in its content indicates a profound disconnect between these individuals.
The dysphoria of all this comes from a disinterested press corps in accurately framing the issues. Biden’s words are not being held responsible, nor is there a willingness to make the man look bad. The primary issue is that looking at his words finds Biden in conflict with himself frequently — and yet, there is never anything approaching accountability from the journalists.
Since taking office, the man who promised that the buck would never stop with him is in the same position that that same buck just keeps on coming. Gas prices are blamed on the pandemic, increased demand, supply chain challenges, oil companies gouging consumers, and the latest favorite being Vladamir Putin’s war on Ukraine. There are many contradictions beyond these constant deflections.
Biden attempted to convince us Friday that pricing stability has occurred. Biden delivers the gross on the topic of the gaslighting sector, which should be seeing low prices. Biden was able to convey this message by using the background of a shipping dock.
Biden falsely asserts that core inflation has “moderated, and has gone down” in the 2 most recent months.
Core CPI rose from.3% March to.6% April and then stabilized at.6% May.
— Jacqui Heinrich (@JacquiHeinrich) June 10, 2022
It is unclear whether the figure he was talking about was an annual rise or month-to-month. However, in both cases, he must rely upon twisted mathematics. For a more favorable outcome, he takes out food and energy prices from the calculation to get the core inflation rate. It is evident that everyone has a feeling for it, as evidenced by the rising prices of gas and food. His dodge is useless.
It also flies in the face of the administration’s favored talking point. This was what he called it on Friday. “Putin’s tax” on food and gas. This failed attempt cannot be realistic if he is claiming that things have stabilized over the past months, which would have been when the farcical Putin’s tax would be felt. But the media that tries to get us to buy into this current fiction were busying themselves with deflecting responsibility one year ago – when prices had already jumped well ahead of that convenient Putin action.
Fact Check: Could President Biden be to blame for the high prices of gas? https://t.co/dLfWU2jsk6
— CNN Politics (@CNNPolitics) June 23, 2021
A second idea To increase the production of Ethanol and raise the percentage per gallon of this used as an additive. This is a dubious solution because he is essentially tapping into the country’s already stressed food supply. But now this April proposal is being thought of as wrongheaded just weeks later – The same man that brought it forwardAs a solution to the fuel problem
Two people who were present at the conversation said that Biden privately rejected the policy. He also questioned its value. He returned to the White House and gathered his top staff including Ron Klain as chief of staff into the Oval Office. They were bombarded with questions regarding the purpose of this event.
These are not the qualities that can give confidence to a group who is able to handle these problems with wisdom and foresight. Joe went off on a tangent Friday while simultaneously pointing out another point, this time aimed at oil companies. He has now said that they were not only gouging America for record profits, but now he is pointing out that the oil companies here are refusing drilling. Biden says that again, it is all done for greed. However, this overlooks two important realities. The first being that when he was running for president, Biden pledged to move away from oil dependence, and he pushed one main way to do that – cutting down on the amount of drilling in America.
The decision was made in haste to run to the shale oil producersIn an effort to encourage them to increase production, As the industry has been constrained, it was not surprising that little was being done to increase production. This is directly due to Biden’s prior hostility to oil production and pledging to shut things down, now dealing with the consequence of his promises.
Biden made it a central part of his campaign. the oil industry to be curtailed. “No more subsidies for the fossil fuel industry,” he said during a Democratic debate. “No more drilling including offshore. There is no way for the oil industry not to drill. It ends.” The country is not facing the reality that he predicted, but the problem he must fix is actually one he created. He wants to see drilling increase, but that would be a mistake because oil refining is the bottleneck.
About 900,000. barrels of oil are being produced less Since before the pandemic.This is because even with an increase there will be a chokepoint as refineries continue to come back online from the pandemic shut down. It is unclear how many of these refineries will be reopened. Biden’s shutdown of the Keystone Pipeline construction, as well as his pledge to move the country to more electric vehicles, is preventing some refineries from reopening or being expanded, let alone having new ones built up.
Houston one of the country’s largest refineriesAt the end of this year, the government will close. They will see a drop in production at a time where the government is desperately seeking more domestic production. And like all the other problems, this is an issue of Biden’s making.
This was all a feared outcome in 2020. Biden is driven to make the United States more dependent on renewable energy. However, his insistence on that goal will result in the loss of current energy production. Before he fulfilled his promises, he got exactly what he wanted.
Instead of making new excuses, they should be looking for solutions. It is time for that buck to reach Biden’s Resolute desk, regardless of how devalued it may be once it gets there.
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