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Free AccessWhite House: Gas Prices Down 86 Cents Per Gallon
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.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.