Biden’s energy Sec claims he is ‘obsessed’ with lowering gas prices. So why do prices keep going up?

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:

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.

For licensing opportunities of our original content, please contact licensing@dailycallernewsfoundation.org.

DONATE TO AMERICAN WIRE

If you are fed up with letting radical big tech execs, phony fact-checkers, tyrannical liberals and a lying mainstream media have unprecedented power over your news please consider making a donation to American Wire News to help us fight them.

Thank you for your donation!

Comment

We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spam, instead of replying to it please click the ∨ icon below and to the right of that comment. Thank you for partnering with us to maintain fruitful conversation.

PLEASE JOIN OUR NEW COMMENT SYSTEM! We love hearing from our readers and invite you to join us for feedback and great conversation. If you've commented with us before, we'll need you to re-input your email address for this. The public will not see it and we do not share it.

Latest Articles