The White House boasted about a 10-cent dip in gas prices with a highly misleading graph — even after similar posts drew mockery.

“The average price of gas is down nearly 10 cents per gallon since last month’s peak and prices continue to fall,” tweeted the White House official account, citing a blog post entitled “Progress at the Pump.”

The graph displays a bar graph implying a significant drop in gas prices; however, the entire vertical axis is distorted to be ten units high.

Making no mention of the Biden administration’s various decisions to prevent new domestic drilling projects, the White House’s blog post emphasizes Biden’s release of oil from the strategic reserves, as well as alleged price gouging from oil companies:

The President understands that gasoline prices squeeze families’ budgets. That’s why he has taken a series of bold actions to save Americans money at the pump.  The President announced a historic release from the Strategic Petroleum Reserve in parallel with other countries to help address the imbalance between the supply and demand of oil and to spur greater competition in the gasoline market. And, the President asked the Federal Trade Commission to consider whether illegal conduct is costing families at the pump.  

Industry costs have declined as crude oil and wholesale gasoline prices have receded. Instead of oil and gas companies padding their profits, Americans should see falling prices.

The average price at the pump is down nearly 10 cents per gallon since the peak last month, and prices are continuing to fall. And, the price of gasoline on the wholesale market has fallen even more than that over recent weeks, dropping over 30 cents per gallon since its peak.  The President expects those savings to be passed on to Americans as quickly as possible. To date, it hasn’t been happening fast enough. That’s why the President asked the Federal Trade Commission to examine mounting evidence of anti-consumer behavior by oil and gas companies that keeps prices elevated.

Days earlier, the Democratic Congressional Campaign Committee provoked ridicule for a similar Twitter post, which thanked the Commander-in-Chief for cutting gas prices by two cents over the course of two weeks. A graph included in the tweet had another distorted axis, communicating a large price reduction at first glance.

In response to the DCCC’s post, The Daily Wire’s Tim Meads examined the change in gas prices over the past year. Based on the same data used by the Democratic Congressional Campaign Committee, prices increased from $2.01 in November 2020 to $3.40 in November 2021.

Months earlier, the Biden administration bragged on Twitter about saving Americans 16 cents on the cost of a typical Independence Day meal. A graphic rolled through various Fourth of July staples and their purported price reductions — for example, a 5% dip in vanilla ice cream prices and a 2% dip in lemonade prices.

According to the most recent consumer inflation data, however, price levels for gas and food have risen by 58% and 6% since last year, respectively.

The Daily Wire is one of America’s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a member.


Source: Dailywire

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments