Thomas Catenacci, DCNF
Energy Secretary Jennifer Granholm said President Joe Biden is “obsessed” with the issue of high gasoline prices, but said he has limited power to lower prices.
“He’s obsessed with the fact that gas prices are so high and people are hurting,” Granholm told CNN Tuesday during a trip to Louisiana.
The average price of gasoline in the U.S. reached an all-time record of $4.60 a gallon Thursday, up more than 92% since January 2021 when Biden took office, federal energy data showed. Granholm added that Biden had limited options when it came to lowering prices for consumers.
“The president doesn’t control the price,” the energy secretary added, according to CNN.
WATCH:
Energy Secretary Jennifer Granholm says Joe Biden is 'obsessed' with lowering gas prices.
Biden's policies show he is obsessed with raising gas prices. pic.twitter.com/p0cBecbwEa
— Daniel Turner (@DanielTurnerPTF) May 26, 2022
The Biden administration, meanwhile, has declared a war on fossil fuels, canceling all of the nation’s remaining offshore oil and gas lease sales and implementing tight restrictions on future onshore lease sales.
“This is becoming a pattern – the administration talks about the need for more supply and acts to restrict it,” Frank Macchiarola, the American Petroleum Institute’s senior vice president of policy, economics and regulatory affairs, said in a statement following the administration’s May 11 decision to cancel three offshore lease sales.
Granholm’s remarks Tuesday came following a tour of a federal Strategic Petroleum Reserve (SPR) facility in Bayou Choctaw, Louisiana. While she suggested he has limited power over pump prices, Biden has ordered three separate SPR releases as pump prices have surged over the last six months, the latest of which he promised would lower prices by up to 35 cents a gallon.
Biden has also attempted to lower prices by making biofuels more available and turning to Venezuela’s authoritarian government for greater oil production. Biden has also implored Middle Eastern producers to boost production, a request that has repeatedly been ignored.
Gasoline costs, however, continue to reach record levels.
The Department of Energy and White House didn’t immediately respond to requests for comment from The Daily Caller News Foundation.
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3 thoughts on “Biden’s energy secretary claims he is ‘obsessed’ with lowering gas prices. So why do prices keep going up?”
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I HATE LYING democrats.
I would like to ask the American Petroleum Institute why oil companies have raised prices and received record profits on the backs of hard working Americans. We have given them subsidies, tax breaks, and fought wars to protect their interests. After every oil spill they make promises and we know we will see more spills, dead animals, and spoiled coastline. BIG OIL distorts our democracy by buying Republican and Democrat electors and throwing millions of $$ into our elections. Plus they distort the markets by working together to act as a de facto monopoly. They call themselves the American Petroleum Institute, yet they have no loyalty to America nor it’s people – they care only about profits.
Sure democrat Sure.