Dominic Pino of National Review writes on Biden’s gasoline-price conspiracy theory.
- As gas prices begin to rise again, the Biden administration has again begun to blame corporate greed.
- Gas prices are determined by a variety of factors including global oil prices, refining capability, transportation costs, and taxation.
- While there is little that Biden can do to reduce costs in the short term, policymakers can provide energy relief by investing in refinery and pipeline infrastructure, providing regulatory certainty to investors, and repealing the Jones Act.
“If you claim credit when gasoline prices go down, you should expect blame when they go back up. In reality, the president doesn’t have much to do with either, but the White House has chosen to tie its political fortune to the price of gasoline — let them enjoy the ride.”
Read the full article here.
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