Joe Biden was caught telling a ridiculous, easily disproven lie during a speech on the CHIPS Act in Syracuse, New York, on Thursday, claiming the price of gasoline was “over five dollars” when he took office, when it was actually only $2.39.
“The most common price of gas in America is $3.39 down from over five dollars when I took office,” Biden told the audience. “We need to keep making that progress by having energy companies bring down the cost of a gallon of gas that reflects the cost of paying for a barrel of oil.”
Joe Biden says gas was "over $5" when he took office.
He's lying — again. The average price for gas was $2.39/gallon when Biden took office. pic.twitter.com/lpSz1DsAOy
— RNC Research (@RNCResearch) October 27, 2022
According to Fox Business, “the national average price for a gallon of regular gasoline in the week ending on Jan. 25, 2021, shortly after Biden took office, was $2.39,” and “the average price for a gallon of regular gasoline didn’t reach $5.00 until June 2022, well over a year after Biden took office.”
The current national average for a gallon of regular gasoline is actually $3.76, over 30 cents more than Biden claimed Thursday, Fox Business reported.
Upon taking office, Biden immediately halted construction of the Keystone XL pipeline, which would have delivered up to 700,000 barrels of oil per day into the U.S. from Canada. He also put hurdles in front of oil companies, increasing regulations for oil and gas leases, froze new drilling permits and stopped leases on federal lands.
He ran his whole campaign on destroying the energy industry, and prices started going up almost immediately after he entered office.
Now, as winter looms, the U.S. is facing a diesel crisis with only 25 days of supply left, according to the Energy Information Administration, and Biden officials have no answers or solutions for the coming catastrophe.
During the same speech, Biden also claimed that “the price of inflation is down.”
Contrary to Biden’s claims, inflation has soared from 1.4 percent to 8.2 percent since he took office, and gas has increased from $2.39 to $3.76.
BIDEN: "the price of inflation is down, real incomes are up, and the price of gas is down."
Inflation at is 8.2%, up from 1.4% when Biden took office.
Real income is lower than when Biden took office.
Gas prices are $3.76 a gallon today, up from $2.39 when Biden took office. pic.twitter.com/wSaraRMIGp
— RNC Research (@RNCResearch) October 27, 2022
Biden went on to call Senator Kirsten Gillibrand (D-N.Y.) “Kristen Chillibrand,” and continued to call her “Kristen” two more times.
WATCH: Biden calls Sen. Kirsten Gillibrand “Kristen” three times. pic.twitter.com/BuPWOnQYFQ
— RNC Research (@RNCResearch) October 27, 2022