The country facing the highest gas prices since 2014 threatens the popularity of President Joe Biden and may undercut his economic recovery agenda.
Per the Washington Examiner “As of Wednesday, the average domestic gas price sat at $3.14, the highest level since October 2014 and markedly higher than the $2.18 they were a year ago. The high prices have the potential to cause consumers, especially those who have begun returning to the office, some pain but also could be used by Republicans as a political weapon.”
Joel Griffith, a research fellow at the Heritage Foundation, told the Washington Examiner “You can’t really place the blame of the swing itself on the president who is in power. These are largely market forces that aren’t immediately impacted by any one administration.”
However, GOP House leader Kevin McCarthy is taking it to Biden. “Americans are paying more in Biden’s America,” McCarthy said. “The cost of gasoline has surged to the highest price since 2014, a time when Biden was last serving in office.
“President Biden’s disastrous energy policies have decimated American energy independence and increased costs for the American people,” he added.
GOP Chairwoman Ronna McDaniel tweeted Wednesday “As the White House deflects blame, Americans are facing gas prices at a seven-year high under Biden.”
As the White House deflects blame, Americans are facing gas prices at a seven-year high under Biden.https://t.co/mwn5mjAFD5
— Ronna McDaniel (@GOPChairwoman) July 7, 2021