"Moreno had it exactly right when he followed up by saying, “If you want gas prices to go down, the last thing you should do is allow Democrats to take office, because it’ll make it permanently high. That’s what we saw under Joe Biden, and that’s what we’ll see under whatever lunatic comes next.'”
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| "But you could. And prices came down sharply under Trump, only to go flying back up Joe “We’re Going to End Fossil Fuels” Biden." |
"You can’t open a newspaper or watch cable news these days without seeing a story about the pain and suffering Americans are feeling at the pump, with scary headlines such as “no relief in sight” and “the worst is yet to come.”
"Actually, when it comes to gas prices, the worst has come and gone – three times – all while Democrats were in the White House. Not that you’d ever know that from the mainstream media.
"Shortly after those headlines ran, gas prices started to moderate. AAA says they are down by about 10 cents a gallon from a week ago. That’s not much, but it’s far from “soaring.”
"And while it’s true that President Donald Trump’s attacks on the Iranian regime have pushed oil prices sharply upward, you have to consider everything in context.
"When news reports talk about “record high” prices, they aren’t accounting for inflation. When you do that, today’s prices are far from the highest they’ve ever been.
"As a reader service, we compiled monthly data on real (inflation-adjusted) gas prices starting in 1977 – the year Jimmy Carter took office.
"We then averaged them for each administration." . . .
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| "What do you see? Except for the Clinton administration, prices have been unusually high under Democrats, and relatively low under Republicans." |
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