Biden says he will make sure Americans aren't 'gouged for gas' | TheHill
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President BidenJoe BidenPharma lobby eyes parliamentarian Demand for US workers reaches historic highBiden to award Medal of Honor to three soldiers who fought in Iraq, Afghanistan: reportMORE on Wednesday said his administration would make sure that Americans are not being "gouged for gas," noting the recent decline in prices.
Biden credited his administration's decision last month to release 50 million barrels of oil from the nation's Strategic Petroleum Reserve during a speech in Kansas City where he said the average price of gas had fallen below $3 per gallon.
"Those savings are starting to reach drivers," Biden said in remarks at the Kansas City Area Transportation Authority. "We're making progress. We're going to keep at it to ensure the American people are paying their fair share for gas, not being gouged for gas."
High gasoline and natural gas prices have become a nagging political problem for Biden, who has seen his approval ratings decline in the last several months as Americans grow concerned about the rising cost of goods. A Monmouth poll released Wednesday found that roughly three in 100 Americans name everyday bills or inflation as the biggest concern they face.
Republicans have hammered Democrats on the issue and blamed Biden's policies for rising inflation.
The price of crude oil has declined from its October peak of almost $85 to $72 per barrel, representing good news for the White House. As of Wednesday, the average price of gasoline in the U.S. had fallen to $3.35, a smaller decrease. The federal government expects prices to continue to decline over the course of December and January.
Biden was in Kansas City to promote the bipartisan infrastructure law, which he said would help transform the economy by creating jobs, repairing aging roads and bridges, and investing in electric buses and a massive broadband expansion.
The president also referenced rising costs a few times during the speech. He acknowledged that inflation is "real" but insisted his social policy and climate package, which is being debated by the Senate, would not add to the inflationary pressures. Biden also said the bill would reduce costs for an average family of four.
But Biden's argument about the bill has not convinced Sen. Joe ManchinJoe ManchinPharma lobby eyes parliamentarian Demand for US workers reaches historic highSenate votes to nix Biden's vaccine mandate for businessesMORE (D-W.Va.), who this week underscored his ongoing concerns about inflation and warned Democrats against rushing to approve the spending package.
"We've got to make sure we get this right. We can't afford to continue to flood the market as we've done," Manchin said during a Wall Street Journal CEO Council Summit on Tuesday.
Manchin's concerns about the bill seem likely to disrupt Senate Majority Leader Charles SchumerChuck SchumerGillibrand slams committee leadership, Pentagon for military justice reform cutsBuild Back Better Is bad for the states Dole to lie in state in Capitol RotundaMORE's (D-N.Y.) plans to advance it next week.
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Morning. We are paying $6.30 a gallon here for petrol..so what are you paying in the States??
Good morning. Good grief! Is that high comparatively speaking? Around my area we're paying approximately $4.40-$4.60 in your currency right now.
Morning Greg...we use to pay around $1.40 a litre....now it sits around $1.70 a litre..and true to form they always shove the price up for Christmas and the school holidays....
A few weeks ago down Melbourne they were paying nearly $2 a litre... it's always harder living in country areas due to the distances we have to travel...
I paid $2.97 per gallon yesterday. $4.14au
Morning Kavika...yes I thought we pay alot more...it will be worse in NZ and the UK...
Has there been any rumblings of a diesel additive shortage over there called..Ad blue...
Seems there is a world wide shortage...and anything that uses diesel engines will be affected...
There hasn't been anything about it here that I've seen. There are some stories about the shortage in OZ though.
Over here i think they call it DEF, it can be added during or after pumping , just depends on how much hassle one wants to face , pay at the pump and dont have to worry or buy it by the gal and add straight to the tank ., havent seen a cost increase with that......yet , but being ag hauler , dont really have to deal with it much . now the anti gel , thats another story ...
Morning Mark..it seems this additive is made from urea and China exports most of it around the world...they have now ceased doing that as there is a shortage there as well..and need it for their own use. Plus we are not exactly the flavour of the month over there with them either.
From what I can gather we have enough until the end of January then who knows...we do produce it here but not enough for what we need. So they had better get their arse into gear and work it out.
A lot of countries haven't twigged yet but when everything moves on trucks and trains...the cost and shortages could be mind boggling.
Even in the Outback they will feel it as the road trains which are four trucks long won't be able to run...
Interesting times as they say..
When is the last time that man put gas in a car? Around here (CA) gas is close to, or in excess of $5/gallon, which is more than a dollar higher than it was just a year ago. I ain’t seeing no savings.
I'm gonna venture a guess and say it's been a couple of decades at least.