Releasing all this oil should have lowered gas prices until the reserve ran out, which it will. That'll grind it in our face, a guy who can barely talk."īIDEN PROVES HIMSELF TOXIC TO DEMOCRATS DURING OHIO TRIP, JIM JORDAN SAYS: 'WHERE'S TIM RYAN?'īut at the same time, you have to be honest. Principles of supply and demand would suggest that this would work in the short term. You can just imagine Barack Obama and Susan Rice and Ron Klain, people who truly dislike the United States as currently constituted, saying, "Let's make this guy president. So, you watch it and you realize really the whole point of the Joe Biden presidency is to humiliate the rest of us and think less of our own country, the place where we were born. This is a wartime bridge to increase oil supply until production ramps up later this year and it is by far the largest release of our net, our national reserve in our history. Today, I'm authorized the release of 1 million barrels per day for the next six months, over 180 million barrels for the strategic, from the Strategic Petroleum Reserve. There isn't enough supply and the bottom line is, if we want lower gas prices, we need to have more oil supply right now.
Our prices are rising because of Putin's actions. Putin's price hike that Americans and our allies are feeling at the pump. And by the time Vladimir Putin invaded Ukraine, the Biden administration had found a scapegoat.īIDEN: Today, I want to talk about one aspect of Putin's war that affects and has real effects on the American people. Democrats and Republicans, no matter who they voted for, were worried above all about rising energy prices because it hurt them directly every single day. As a political matter, since this is still sort of a democracy, it happened way too fast and scared the hell out of people and polls showed that. It was done to change our energy supply from what is cheap, efficient and the source of all of our wealth to something that Biden and his donors control, the green economy that will make us poor and that is, in fact, causing famine around the world right now. That's all true and it was done on purpose. dollar and making everything, including energy, more expensive. He rejoined the Paris Climate Agreement without explaining why we should and by the way, if the climate is such a crisis, an existential crisis, and China and India are using more fossil fuels than they did 10 years ago, and nobody says anything about it, maybe they're not really sincere about this global warming thing and then on top of all of that, Joe Biden pumped trillions more dollars into the U.S. President Biden speaks about inflation and supply chain issues at the Port of Los Angeles, Friday, June 10, 2022, in Los Angeles. He told us he was going to end fossil fuels and because no one took him seriously, because he's senile and wasn't actually going to win, no one followed up with, "What, are you insane? How are you going to do that? And so we kept going and then he became president somehow and then he followed through on that promise.
Joe Biden on the campaign trail told us he was like Superman, and then he proceeded to jump off the garage. Now, this happened before Russia invaded Ukraine. That was the single highest year-over-year increase since 2002, which happens to be the year the government started tracking those data. From November of 2020 to November of 2021, that would be roughly from Election Day to the end of Joe Biden's first year running the country, gas prices in the United States went up by more than 66%. They determined every year over year price change in gasoline prices in the United States going back to 2002, 20 years, and they found this. They wanted to put rising gas prices in context. Sober people, a petroleum analysis firm called GasBuddy, decided to do a simple calculation. How did he do that? Before any of that happened, the magic happened. Months before the war in Ukraine began and somehow Vladimir Putin secretly seized control of gas prices in the United States. It's grotesque, actually, and at this point is dangerous and no one believes a word of it because it's provably untrue and we feel, since this is a news network, a moral responsibility to prove that it's untrue.
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