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The MeidasTouch Podcast

The Desperate Radical GOP Lies About Oil Markets As Gas Prices Decrease

The MeidasTouch Podcast

MeidasTouch Network

Politics, News

4.956.4K Ratings

🗓️ 11 July 2022

⏱️ 6 minutes

🧾️ Download transcript

Summary

Gas prices are decreasing. Since the GOP was rooting for higher gas prices as a political issue, they’ve switched gears and have blamed Biden for selling oil on the international markets — which is actually one of the factors that has caused the decrease in your gas prices at the pump. Republican’s hope to prey on voters ignorance of gas markets to contrive new phony arguments against Democrats as Biden’s decisive action has lowered gas prices. Meidas contributor Texas Paul breaks it down.  The Mighty is a new program on The MeidasTouch Podcast channel where we highlight the incredible commentary of Meidas Contributors. New episodes of The Mighty are released on Monday, Wednesday, Thursday, Saturday, and Sunday. New episodes of the world famous MeidasTouch Podcast featuring the Meiselas brothers release new episodes on Tuesday and Friday mornings on this channel. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hey, this is Jordy Co-founder of Midas Touch and you're listening to The Mighty.

0:08.0

The Mighty is a new program on the Midas Touch podcast channel where we highlight the most

0:11.3

impactful commentary, musings, responses and reactions from Midas contributors.

0:16.6

Let's talk about gas prices.

0:18.4

Gas prices are falling at a pretty good pace right now.

0:21.2

The radical right, extremist Republicans, all of them voted against the bill that would

0:25.7

stop oil companies from price gouging what we pay at the pump.

0:29.0

In fact, the radical right extremist Republicans seem to be rooting against our economy and

0:33.6

trying to prevent gas prices from going lower because they view it as an election issue

0:37.7

that can help them.

0:39.5

Republicans don't care about America.

0:41.2

They care about themselves first and America last.

0:44.3

Now, without any help from the Republicans, President Biden took decisive action and sold

0:49.6

American oil on the open international markets to ease the man and lower prices and

0:54.4

guess what?

0:55.5

It worked!

0:56.5

So as gas prices are now decreasing, Republicans have gone into full-on conspiracy mode to attack

1:01.6

Biden for betraying America by selling oil to foreign countries.

1:06.0

This argument is stupid and doesn't understand how the oil market works or how markets work

1:10.6

in general.

1:11.8

But hey, intelligence and being accurate is not something Republicans care about.

1:16.2

Maya's contributor, Texas Paul, breaks it down for us in this incredible explainer.

...

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