https://amgreatness.com/2022/10/27/biden-tells-an-absurd-whopper-claims-average-price-of-gas-was-5-00-when-he-took-office/
Joe Biden was caught telling a ridiculous, easily disproven lie during a speech on the CHIPS Act in Syracuse, New York, on Thursday, claiming the price of gasoline was “over five dollars” when he took office, when it was actually only $2.39.
“The most common price of gas in America is $3.39 down from over five dollars when I took office,” Biden told the audience. “We need to keep making that progress by having energy companies bring down the cost of a gallon of gas that reflects the cost of paying for a barrel of oil.”
According to Fox Business, “the national average price for a gallon of regular gasoline in the week ending on Jan. 25, 2021, shortly after Biden took office, was $2.39,” and “the average price for a gallon of regular gasoline didn’t reach $5.00 until June 2022, well over a year after Biden took office.”
The current national average for a gallon of regular gasoline is actually $3.76, over 30 cents more than Biden claimed Thursday, Fox Business reported.
Upon taking office, Biden immediately halted construction of the Keystone XL pipeline, which would have delivered up to 700,000 barrels of oil per day into the U.S. from Canada. He also put hurdles in front of oil companies, increasing regulations for oil and gas leases, froze new drilling permits and stopped leases on federal lands.
He ran his whole campaign on destroying the energy industry, and prices started going up almost immediately after he entered office.
During the same speech, Biden also claimed that “the price of inflation is down.”