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Civics 101

The President and the Price of Gas

Civics 101

NHPR

Government, Society & Culture, History

4.22.6K Ratings

🗓️ 1 February 2022

⏱️ 25 minutes

🧾️ Download transcript

Summary

When this episode was recorded, gasoline prices in the US averaged $3.28 a gallon. Stickers of President Biden saying "I did that" decorated gas pumps across the country. What handles, if any, does a president have to lower the price of gas? How responsible are they for high prices?  Today we get to the bottom of the oil barrel with two specialists; Robert Rapier from Proteum Energy and Irina Ivanova from CBS News. They guide us through an economic, scientific, and historical analysis of the powers of the chief executive, from the 70s to now, to control the price of gasoline.  CLICK HERE: Visit our website to see all of our episodes, donate to the podcast, sign up for our newsletter, get free educational materials, and more! To see Civics 101 in book form, check out A User's Guide to Democracy: How America Works by Hannah McCarthy and Nick Capodice, featuring illustrations by Tom Toro. Check out our other weekly NHPR podcast, Outside/In - we think you'll love it! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

I heard he folks check this out

0:04.6

That you see that that's all me I did that

0:10.6

Yeah, he did it

0:12.7

What's killing my business

0:16.1

You ever see one of those Hannah and I did that sticker yeah, yeah

0:20.7

Would you describe it for me? Yeah, it's just by it and pointing the sticker says I did that and people will slap it on

0:26.6

Like the gas pump at a gas station next person who gets their gas and they they get sticker shock

0:34.2

They get a remember that

0:36.2

President Biden did that here we go right next to that

0:40.8

$4 and 67

0:42.8

Since a gallon gasoline I was looking around for videos of these stickers at gas stations to make this episode and you can buy them anywhere

0:50.1

by the way

0:51.2

One recent gas pump display. I saw had three stickers. It had Joe Biden pointing and saying I did that

0:57.7

And then a picture of speaker the house Nancy Pelosi saying I helped and then vice president Kamala Harris saying I just

1:05.3

Blank the blank being a rude word. I don't want to say on this podcast and if we were like a hip fast-paced political talk show

1:11.9

We could make today's episode well did he do that?

1:16.1

Did Joe Biden make gas prices go up?

1:19.0

And while we will answer that question today we're gonna frame it a bit differently

1:24.5

Because you're listening to civics 101 I'm the Capiti chair

1:27.7

I'm Hannah McCarthy and today we're talking about the president and the price of gasoline

1:32.0

What is the relationship throughout American history between our chief executive and what we pay at the pump and

1:39.1

To start our journey Hannah. I want to introduce you to Robert Rapier

...

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