Washington Post editorial board absolves Biden: '$5 gas is largely Putin's fault'
In November 2020, a Washington Post article dismissed concerns that Biden's policies would increase gas prices. "Record gas prices are a daily reminder of how different the current economy is from what many Americans are accustomed to: Inflation is at a four-decade high, and interest rates are rising at a pace not seen in two decades. The Washington Post argued the cause of this economic trouble is Putin’s invasion of Ukraine in February: "This is largely Vladimir Putin’s fault. The board wrote, "The United States and many other countries rightly responded to this unjustified war by imposing heavy sanctions and halting purchases of Russian oil and grain. MINNESOTA GAS STATION OWNER SIGN GAINS ATTENTION: ‘WE HATE OUR GAS PRICES TOO’
They continued, "But that means supplies are down, and energy and food prices have soared to record highs around the world. Regarding Biden, The Post wrote, "In the short term, there’s not a lot President Biden can do. Thiessen noted that "Before the war in Ukraine, Biden presided over the largest year-over-year price rise in at least 30 years. More recently, Biden received criticism for celebrating rising gas prices as a step toward a greener economy. ECONOMIST MOHAMED EL-ERAIN: MOST CURRENT INFLATION ‘COULD HAVE BEEN AVOIDED’ IF FED ACTED EARLIER
Similarly, Treasury Secretary Janet Yellen faced criticism last week for stating that "the critical thing is we become more dependent on the wind and sun. According to the senator, "America is producing 1 million fewer barrels of oil per day than before the pandemic. In early March, The Post editorial board defended Biden turning to Venezuela and Saudi Arabia for oil, saying he had 'little choice. The Post also criticized domestic oil producers and attributed their limited production to greed.
Read full article at Fox News