White House Press Secretary Jen Psaki defends gas prices as ‘well in line’ with recent decades as they reached the highest prices since 2014 ahead of Memorial Day weekend.
Psaki noted that the COVID-19 pandemic is in retreat and life is returning to normal, “consequently more people are traveling this Memorial Day weekend.”
“Americans are hitting the road, they are paying less in real terms for gas than they have on average over the last 15 years—and they’re paying about the same as they did in May 2018 and May 2019,” said Psaki.
She further lauded the administration’s efforts on beating the pandemic crisis and getting back the economy on track.
“The Administration’s success in beating the pandemic and getting our economy back on track has led to increased demand for gas as the country re-opens. But, while prices have increased from the lows last year—as demand drastically dipped—prices at just about $3 per gallon are still well in-line with what they’ve been in recent decades,” she posited.
She said, “since last week, prices have already stabilized after a spike earlier this month, as the Colonial Pipeline is fully flowing, and the supply situation returns to normal. This is due in part to the administration’s aggressive, whole-of-government response to the unprecedented shutdown of that pipeline.”
She further noted that The Biden’s administration is “opposed to any proposals to raise the gas tax” as he recognized “that gas prices are a pain point for Americans—especially the middle-class families he’s put at the center of his economic agenda.”
She added that the administration “will continue to monitor prices and are glad that Americans can get on the road again.”
Readers Bureau, Contributor
Edited by Jesus Chan
Do you want to add feedback to this story?
Please add a comment in the box below or send email to email@example.com, send us a message on WhatsApp at 646-874-7976 or Call us at 201-500-7715