Tweets blaming Biden for gas prices hike in 2021
In 2021, Biden declared an all war against fossil fuels. His administration was gearing for the “new Green Deal” but prices are going up.
As prices of commodities rise, the White House was mocked for bragging on social media that they had saved Americans a total of just $0.16 on the cost of food for Fourth of July celebrations.
CNN went to rescue Biden for the gas prices but was mercilessly mocked on Twitter for what they called a biased story.
Tweets mocks CNN for protecting Biden from rising gas prices
Dear CNN "Business"— Charles V Payne (@cvpayne) July 12, 2021
Biden declared war on fossil fuel and took swift action while threatening more. Oil projects can't find funding and portfolio managers shunning stocks.
When supply can't meet demand prices rise.
BTW a pen & phone & rhetoric are more powerful than magic wand https://t.co/oBKo3hKKgb
Hi @MattEganCNN— Jeff Carlson (@themarketswork) July 12, 2021
Perhaps you'd like to explain why the U.S. was a net exporter of energy in the midst of a booming economy pre-Covid?
For those who forgot, Trump's Energy Independence Policy Executive Order, unleashed a wave of U.S. energy production. https://t.co/DGDuyHehMM
before & after pic.twitter.com/x2Xk4YZzTj— CornPop ☭ (@RealC0rnP0p) July 12, 2021
It’s not necessarily Biden’s fault gas prices is rising
Since January 2021, the gas price increase has been attributed to the “Biden effect,” particularly Biden’s cancellation of the Keystone XL pipeline.
On January 20, 2021, President Joe Biden revoked the permit for the pipeline on his first day in office. On June 9, 2021, the project was abandoned by TC Energy.