President Joe Biden had nothing a lot to say on the subject of rising fuel costs. In reality, about all he might provide was that issues could get higher subsequent yr.
“My guess is, you’ll start to see gas prices come down as we get by and going into the winter – I mean, excuse me, into next year, 2022,” Biden informed moderator Anderson Cooper on the a Town Hall occasion in Baltimore. “I don’t see anything that’s going to happen in the meantime that’s going to significantly reduce gas prices.”
Since Biden took workplace, fuel costs have soared to unimaginable new heights, going as excessive as $5 a gallon — or extra — in some locales.
According to AAA, the nationwide common value of a gallon of standard gasoline had reached $3.36 Thursday, up 4 cents from the common on Monday. The group famous that no state had a mean fuel value decrease than $3 per gallon.
Republicans have repeatedly blamed Biden for the spike.
“Gas prices are at the highest levels since 2014 and Americans’ heating costs could increase as much as 54% this winter,” the Republican National Committee account tweeted in response to Biden’s remarks. “Biden attacked American energy, and now Americans are paying the price!”
Biden mentioned the reply is “investing in renewable energy.”
“So what will happen is, you’re going to see a dramatic drop, a dramatic drop, in what’s gonna happen in terms of gas prices as we go into the next two or three years,” he mentioned.
In different phrases, the president does even have a say in fuel costs, and beneath Biden it’s been a nightmare.
“It’s gonna be hard. There’s a possibility to be able to bring it down,” he mentioned, whereas making an attempt to deliver an finish to the subject. “It depends on a little bit on Saudi Arabia and a few other things that are in the offing.”