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The Playbook Podcast

April 13, 2022: Dems split over Biden gas price moves

The Playbook Podcast

POLITICO

Daily News, Politics, Government, News

4.2614 Ratings

🗓️ 13 April 2022

⏱️ 4 minutes

🧾️ Download transcript

Summary

Here’s something Democrats agree on: High gas prices — and the inflation rate they’re driving up — are a huge political liability. Here’s something Democrats don’t agree on: what to do about it. On Tuesday, as the new 8.5% annualized inflation rate was announced, President Joe Biden was in Iowa, addressing concerns about energy costs and touting his decision to remove restrictions on the sale of E15, an ethanol-gas mix the administration hopes can ease the proverbial pain at the pump. “I’m not going to wait to take action to help American families,” Biden said. “I’m doing everything within my power by executive orders to bring down the price and address the Putin price hike.” Subscribe to the POLITICO Playbook newsletter Raghu Manavalan is the Host of POLITICO's Playbook.Jenny Ament is the Executive Producer of POLITICO Audio.

Transcript

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0:00.0

Presented by Facebook.

0:02.2

Hey, good morning, playbookers in Rookman Ovalin. It's Wednesday. Here's something Democrats agree on.

0:07.3

High gas prices are a huge political liability. Here's something they don't agree on. What exactly to do about it?

0:13.8

It's your Politico Playbook Daily briefing.

0:27.6

On Tuesday, after the 8.5 annualized inflation rate was announced, President Joe Biden was in Iowa addressing concerns about energy costs and touting his decision to remove restrictions on the sale

0:33.4

of E15, and ethanol gas mix the administration, can ease the proverbial pain at the pump.

0:39.3

I'm not going to wait to take action to help American families. I'm doing everything within

0:44.3

my power by executive orders to bring down the price and address the Putin price cycle.

0:48.3

It was an obvious reminder that the administration is eager to show the public that it's taking action to reduce gas prices.

0:55.5

Whether that's with this emergency waiver on E15, pushing for oil companies to increase production,

1:01.4

or releasing 180 barrels of oil from the Strategic Petroleum Reserve.

1:05.9

But to some climate activists, Biden's response, is at the heart of the problem.

1:10.4

Put-in-co's Josh Siegel, Kelsey Tambberino, and Zach Coleman have a must read in today's

1:14.2

playbook on that topic this morning, quote, a year ago.

1:17.2

Environmentalists were ecstatic when Biden tout climate change as one of the top four issues

1:21.5

for his administration, along with battling the pandemic, rebuilding the economy, and fighting

1:26.2

racism.

1:27.2

Now, the White House is preoccupied with taming inflation and rebuilding the economy, and fighting racism. Now, the White House is

1:28.2

preoccupied with taming inflation and keeping the pressure on Russian President Vladimir Putin

1:33.0

to end his war in Ukraine, a conflict that helped drive U.S. retail gasoline prices to record

1:38.9

levels above 4.30 a gallon last month. Justin Gwey, Director of Global Climate Strategy, at the Environmental

1:44.9

Group's Sunrise Project, had this to say, quote, it's not even so much that I think the

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