The gas tax in the Golden State is still on Californians minds. One America’s Cynthia Kaui has more.
GOP lawmakers lament President Joe Biden is letting the economy spiral out of control at the expense of small business owners.
Amid intensifying inflation, the White House has struggled to point the finger on whose to blame for the crisis. President Joe Biden has continued to blame inflation on Russia, although prices had been soaring for several months before the Ukraine crisis.
Republicans are criticizing Democrat attempts to blame oil executives for soaring gas prices after a hearing on Capitol Hill. One America’s John Hines has more from Capitol Hill.
According to Republican lawmakers, American energy is under attack. On Tuesday, House Minority Whip Steve Scalise (R-La.) led a press conference detailing how Joe Biden’s policies are hurting Americans’ wallets.
Biden administration Chief of Staff, Ron Klain claimed the “economy is good,” despite runaway inflation and surging fuel prices. In an interview on Sunday, he said Joe Biden has created millions of jobs and improved quality of life for millions of Americans.
Former Treasury Secretary Larry Summers said Joe Biden’s verbal attacks on oil companies are not helpful in curbing high gas prices. In a recent interview, he criticized Biden’s plan to sell oil from the Strategic Petroleum Reserve.
Joe Biden announced he will tap U.S. oil reserves again for the 3rd time in less than a year. The administration will release 1 million barrels of oil a day from the National Petroleum Reserve in an effort to lower gas prices. The U.S. Energy Information Administration said the U.S. uses about 20 million barrels of oil a day, so releasing 1 million barrels a day is about 5 percent of what we consume.
Joe Biden said he plans to tap into oil reserves to helps with out of control gas prices. One Americas Stella Escobedo caught up with Steve Moore, former Trump Economic Advisor, who said a lot more will need to be done to bring down oil prices.