On 3/18/2022, during press conference, Republican House Minority Leader Kevin McCarthy said “Yesterday, Speaker Pelosi said Democrats have done a great job. ‘We must take great pride in what we’ve done. We’ve got a lot to brag about.’ “How remarkably out of touch.”

“Rising prices are a tax on every American, and they show no sign of stopping,” McCarthy said. “By the end of Biden’s first 2 years as president, families could be losing more than $6,000 in buying power to inflation. Democrats’ reckless government spending led to this.”

A reporter asked why prices on crude oil have dropped but gas prices have not, why the oil industry isn’t passing the lower crude prices on to consumers at the pump. McCarthy replied “just show how they don’t understand the industry. It takes time to develop..” “They’ve made their platform to put oil industry out of business in America and increase the business of Russia, Iran and Venezuela,” McCarthy said. “They turn around and see the price is high. We have warned them about this time and again because of their policies,” he said. “Every action they’ve taken has put us in this place.”

“We warned that anti-energy policies would lead to higher gas prices. Democrats have responded with excuses and finger-pointing instead of serious solutions,” said McCarthy. “We produce 89,000 barrels a day in California less. Because of Gavin Newsom. 20 percent decline. But do you know who gained all of that? Because you still provided the oil. Putin. We get 50,000 barrels a day from Russia, instead of an American job with cleaner energy, in a more environmentally sound way, because of the policies of Democrats and they turn around and see the price is high.”

https://facebook.com/HygoNewsUSA/videos/709544896743069/
Pelosi got a lot to brag about. Why lower crude oil but not lower gas prices?