CNN Says Biden Is To Thank For Falling Gas Prices Days After Saying It Was Out Of His Control
CDN – https://www.conservativedailynews.com
by Thomas Catenacci -
CNN applauded President Joe Biden for declining oil prices on Friday, just 10 days after reporting that prices were out of his control.
The news outlet published a story written by reporter Julia Horowitz titled “Why Joe Biden can’t do much to ease gas prices” on Nov. 9, but on Friday, Horowitz wrote a piece with the headline, “Oil prices are finally falling. Thank China and Joe Biden.”
“Just a few days back, gas prices in California hit their highest level ever,” Horowitz wrote Friday. “This week, however, some of the pressure has started to lift.”
Friday’s story pointed to Biden’s effort to coordinate a release of U.S. and Chinese petroleum reserves, increasing the world’s supply of oil. Such a move could lead to lower oil prices, according to Horowitz.
Major domestic and foreign oil price indices declined more than 3%, with prices dropping below $80 per barrel Friday. Crude oil prices are the main factor in gasoline prices rising or falling, according to the Energy Information Administration (EIA).
The average cost at the pump hit $3.42 per gallon on Friday, up more than 60% compared to one year ago, AAA data showed. Gasoline prices, meanwhile, remained at their highest level since September 2014, according to EIA data released earlier this week.
In addition to requesting that Asian nations tap into their petroleum reserves, Biden blamed Middle Eastern and Russian producers for their unwillingness to boost oil production. He also accused large U.S. oil companies of price gouging in a letter to the Federal Trade Commission, seeking an investigation into artificially high gas prices.
“If you take a look at, you know, gas prices and you take a look at oil prices, that is a consequence of, thus far, the refusal of Russia or the OPEC nations to pump more oil,” Biden remarked at a press conference on Nov. 2.
Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact [email protected]
CNN Says Biden Is To Thank For Falling Gas Prices Days After Saying It Was Out Of His Control is posted on Conservative Daily News – Where Americans go for news, current events and commentary they can trust – Conservative News Website for U.S. News, Political Cartoons and more.
CDN – https://www.conservativedailynews.com
Source: https://www.conservativedailynews.com/2021/11/cnn-says-biden-is-to-thank-for-falling-gas-prices-days-after-saying-it-was-out-of-his-control/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Visits: | 1,708,352,662 |
| Stories: | 8,450,207 |
Whistler Blowers, Insiders
