by Thomas Catenacci
Fox Business
The average price of gasoline nationwide was $2.39 a gallon on Jan. 25, 2021, roughly 109% lower than Biden claimed it was Thursday
Energy policy experts slammed President Biden after he falsely stated Thursday that the average price of gasoline was $5 a gallon when he took office in January 2021.
“Because of the actions we’ve taken, gas prices are declining,” Biden remarked at an eventin Syracuse, New York. “That’s adding up to real savings for families. Today, the most common price of gas in America is $3.39 — down from over $5 when I took office.”
However, the average price of gasoline nationwide was $2.39 a gallon on Jan. 25, 2021, roughly 48% of what Biden claimed it was, according to the Energy Information Administration. In addition, while some estimates show that the most common price of gas is currently around $3.39 per gallon, the average pump price in the U.S. ticked up to $3.76 a gallon on Friday, AAA data showed.
And the average price of gasoline surged past $5 a gallon for the first time ever in June, 17 months after Biden took office. Overall, gas prices are more than 57% higher than they were when the president took office…
“The guy is an instinctive liar,” Steve Milloy, a senior legal fellow at the Energy & Environment Legal Institute, told FOX Business. “It’s very clear that gas prices were rock bottom when he became president, and it’s very clear that his policies have sent gas prices up.”
“For him to claim the gas prices have come down recently because of what he’s been doing is ridiculous,” Milloy added. “He’s done nothing to increase oil production.”
