The Biden administration had an insane response to record-high gas prices

Joe Biden is pursuing insane policies.

That’s why so many crises have worsened on his watch.

And the Biden administration had an insane response to record-high gas prices.

“Bidenflation” is crushing everyday Americans.

The rate of inflation has hit a 40-year high, and it’s even worse when calculating with the Consumer Price Index from 1982.

A big part of the problem is years of bad fiscal and monetary policy, but Joe Biden is making it so much worse with his policies.

Biden said he will do everything in his power to reduce costs for the average American, but that is false.

Fox News reporter Peter Doocy got White House Press Secretary Karine Jean-Pierre to admit as much during a briefing.

Doocy asked, “The president once said he’s going to end fossil fuels. Is that now off the table?”

Jean-Pierre responded, “No, we are going to continue to move forward with our clean energy proposal, our climate change proposal…”

​​In other words, Biden will do everything in his power except take his boot off the back of the oil and natural gas industry.

During the 2020 election, Biden promised to cancel the Keystone XL pipeline and ban fracking on federal land.

Biden followed through on his promise, and his administration has slow-walked the process for energy companies to get drilling leases.

In addition to that, his anti-fossil fuel rhetoric has created much speculation in the market.

Companies are disincentivized to invest in new projects when they are unsure if they will be kneecapped down the road by regulation.

All of these factors are raising gas prices, and it did not start because of “Putin’s price hike” as Democrat talking heads want people to believe.

Gas prices began going up as soon as Biden took office because the market knew what would happen with a president and an administration so hostile to fossil fuels.

CNN host Abby Phillip called out the dilemma Biden is in by having to cater to the progressives.

Phillip said during a panel discussion, “Interestingly, you bring up climate change, one of the challenges for Biden is that he needs more drilling in order to get through this period of high gas prices. But progressives, frankly—I mean, that is just not politically tenable for a Democratic president to say to the oil companies, ‘Drill, baby, drill.’”

Once again, the Democrats have been snakebitten by dumb policy that “works” in the university classroom, but not in the real world.

Stay tuned to Right News Wire for any updates to this ongoing story.

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