Joe Biden recently attempted to downplay the numerous economic crises facing the nation. While speaking from D.C. on Wednesday, he claimed the economy is currently doing well and is on its way to recovery.
Joe Biden’s energy secretary recently answered questions from the press. One America’s Tom McGrath has more.
The White House announces plans to combat rising gas prices by releasing 50 million barrels of oil held in U.S. reserves, 18 million of which have already been approved for sale by Congress. One America’s Stephanie Myers spoke with Daniel Turner, the founder and executive director of Power the Future, about the latest move.
A prominent investment manager said global oil prices will likely exceed $100 per barrel due to Joe Biden’s policies. Chief investment officer at Hayman Capital, Kyle Bass said Tuesday that Biden’s release of 50 million barrels from the Strategic Petroleum Reserve is “a quick shot of morphine for a major infection.”
Joe Biden is tapping into the Strategic Petroleum Reserve to release 50 million barrels of oil. The White House announced the move Tuesday morning as Americans get ready to travel for the Thanksgiving holiday.
Florida Governor Ron DeSantis proposed $1 billion in gas tax relief statewide. On Monday, the Republican announced the measure during a press conference in Daytona while asserting the state would look to shave 25 cents per gallon of gas prices.
The Biden administration is considering shutting down a Michigan pipeline, which would send gas prices even higher. One America’s Christina Bobb spoke with a Michigan pipeline owner on the potentially catastrophic outcome.
Senate Majority Leader Chuck Schumer is sounding the alarm against Joe Biden’s energy policies, saying he must increase the supply of oil in America’s domestic market.