Biden Failed To Lower Gas Prices – Despite Releasing Strategic Oil Reserves

WASHINGTON, DC - MARCH 25: U.S. President Joe Biden talks to reporters during the first news conference of his presidency in the East Room of the White House on March 25, 2021 in Washington, DC. On the 64th day of his administration, Biden, 78, faced questions about the coronavirus pandemic, immigration, gun control and other subjects. (Photo by Chip Somodevilla/Getty Images)

Joe Biden used the US strategic oil reserves for potlcial puproses.

It failed and gas prices have once again spiked.

Biden is once again vowing to lower gas prices.

When Biden took office the price of gasoline was $2.37 a gallon. It hit a high of $3.41 in November and only fell as low as $3.27.

From Breitbart:

President Joe Biden promised Monday to continue working to bring down the price of gasoline, less than three months after his historic release of oil from the strategic oil reserves.

“I’m going to work like the devil to get gas prices down,” Biden told attendees at the National Association of Counties 2022 Legislative Conference in Washington, DC.

The price of gasoline has spiked again after the president announced on November 23 he would release 50 million barrels of oil to help keep prices down, more than any release by an administration in modern history.

The average price of gasoline was about $2.37 when Biden took office and jumped to as high as $3.41 in November 2021 before he released oil from the strategic oil reserves in time for the Thanksgiving holiday driving season.

But average gas prices only fell to $3.27 a gallon before starting to tick up again.

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The Palmieri Report is a Pro-America News Outlet founded by Jacob Palmieri. The Palmieri Report is dedicated to giving people the truth so that they can form their own informed political opinions. 

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