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White House: Gas Prices Down 86 Cents Per Gallon

US

White House Press Secretary Karine Jean-Pierre is now delivering her daily press conference from the White House.

  • Livestream here: https://www.youtube.com/watch?v=SPIruu40uzA
  • Jean-Pierre says that gas prices are down 86 cents per gallon from a June peak. "Prices are coming down even as Putin's war continues to put pressure on global energy supplies."
  • "President Biden promised to address 'Putin's price hike' at the pump and he is," says Jean-Pierre.
  • The White House claims that the drop in oil prices is due to the President's efforts in rallying international partners to release "unprecedented levels of oil" from strategic oil supplies.
  • Jean-Pierre highlights a letter from former Treasury Secretaries endorsing the Inflation Reduction Act. She claims there is a long list of experts who have "debunked Congressional Republican lies," that the bill will lead to increased inflation.
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