S5162 - Biden Admin Issues WARNING Over Rising Gas Prices But Democrat Policy Is What Caused The Inflation
Timcast News
Timcast Media
4.6 • 7.4K Ratings
🗓️ 11 August 2021
⏱️ 84 minutes
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Summary
Biden Admin Issues WARNING Over Rising Gas Prices But Democrat Policy Is What Caused The Inflation. Meanwhile the media has been trying to defend Joe Biden and his policies arguing they did not contribute to rising gas prices.
This is wrong of course. The Republicans have pointed out that inflation is driving a rise in gas prices which some are still trying to dismiss. But the reality is multi faceted.
Joe Biden's banning of the keystone pipeline and fracking on public land sent signals to speculators that supply will not likely improve and demand will. This leads to speculation driving prices up, a direct result of Biden's policies.
More importantly though the eviction moratorium and unemployment bonus are contributing to a massive labor shortage resulting in no truckers being available to deliver gas causing prices to go up.
#Democrats
#GasPrices
#Inflation
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| 1:18.8 | Today is August 11, 2021 in our first story. |
| 1:22.3 | The Biden administration is sounding the alarm over rising gas prices warning. |
| 1:27.0 | It could lead to a stagnation in the recovery process. |
| 1:30.6 | It's a bit ironic considering the rising gas prices is the fault of the Biden administration |
| 1:35.8 | and Joe Biden's policies. |
| 1:37.4 | But the media says fact check not true because they're ignoring the real issue. |
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