By: Bill O’Reilly Published @ Bill O’Reilly.com
Once again, President Biden and his Minister of Propaganda, Jen Psaki, are misleading the American people. This time about oil production.
Mr. Biden and Ms. Psaki both say it is Putin who is most responsible for the rise in gas prices. The pair also put forth that the Biden administration is harvesting more oil than the Trump crew.
The sleight of hand is a comparison between the first year of both administrations. That doesn’t matter because Trump grew oil production while Biden is shrinking it.
Here are the facts. When Donald Trump left office, the average price for a gallon of gas was around $2.50. After 13 months of Biden, the price had risen more than a dollar – and that was well before Putin’s Ukraine invasion.
Under Trump in 2020, the US produced 18.4 million barrels of oil a day. During Biden’s first year, the number was down to 16.6. That’s about 2 million barrels a day less under Biden – close to 800 million fewer barrels a year.
So, here’s my question: how does President Biden get away with this kind of deceit? I will answer that question tonight on the No Spin News. See you beginning at six eastern.
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