Saudi Arabia and the United States are both oil-producing nations. In one of those countries, gas is about $2.35 per gallon while in the other gas is around $4.50 a gallon.
One of those countries is Saudi Arabia and the other is the United States.
This was on display when Kelly O'Donnell of NBC tweeted a video that revealed the gas prices in Saudi Arabia.
“Checking on gas prices in Saudi Arabia. 2.33 Riyal per litre. About 62 cents US. Watch,” she wrote.
Checking on gas prices in Saudi Arabia. 2.33 Riyal per litre. About 62 cents US. Watch. pic.twitter.com/G19PJWzLAb
— Kelly O'Donnell (@KellyO) July 16, 2022
You don't have to go too far back in history to a time when these fairy tale prices were a real thing. During 2020, gas was $2.17 per gallon, according to the U.S. Energy Information Administration.
So what went wrong with United States gas prices?
Well, the Biden administration is leading us to believe Russia invading Ukraine is the cause. It's easy to recall that the gas prices were already skyrocketing before that happened.
While the Trump administration was supportive of the domestic oil and natural gas industries, the Biden administration has been opposing oil and gas from the moment the administration took office.
I’m not a Trumper.
Although I do miss the way he supported oil companies and drilling to keep our gas prices low.
(That was nice, having a president who doesn’t fight them and shut them down.)
— Jessie Vance (@Katt2080) July 12, 2022
Who would have thought NBC would be the news station to release this footage?
Despite the high gas prices crippling the economy, look for more of the same from the Biden administration. Former Secretary of State Mike Pompeo posted more damning news on the issue to Twitter.
The Biden administration plans to block more offshore drilling in the Atlantic and Pacific and limit oil production in the Gulf of Mexico. Absolutely mind-boggling.
The President doesn’t care about bringing gas prices or inflation down. He cares about his woke green policies.
— Mike Pompeo (@mikepompeo) July 15, 2022
Author Michael Shellenberger laid out exactly how Biden could fix the issue with gas prices.
“He could invoke the National Defense Act to accelerate the rate of oil and gas permits. He could set a floor of $80/barrel for re-filling the Strategic Petroleum Reserve (SPR), which would be a powerful incentive for the industry, because it would prevent prices from falling to unprofitable levels. Biden could announce trade agreements with American allies to supply them with liquified natural gas, which would incentivize more natural gas production and lower prices,” he said.
But in order do to that, Biden would have to start being nice to the people he despises. In other words, don't hold your breathe waiting for this to happen.
“And so, when you fill up your car or truck, and you feel tempted to blame President Biden for high gasoline prices, go right ahead. Because it really is his fault,” he finished.
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