{"id":1368891,"date":"2022-03-10T11:45:56","date_gmt":"2022-03-10T16:45:56","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1368891"},"modified":"2022-03-10T11:46:00","modified_gmt":"2022-03-10T16:46:00","slug":"putins-gas-price-hike-psaki-pins-russia-and-oil-companies-for-rising-gas-prices","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/putins-gas-price-hike-psaki-pins-russia-and-oil-companies-for-rising-gas-prices\/","title":{"rendered":"\u2018Putin\u2019s Gas Price Hike\u2019: Psaki Pins Russia And Oil Companies For Rising Gas Prices"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fputins-gas-price-hike-psaki-pins-russia-and-oil-companies-for-rising-gas-prices%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1368891&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><\/div>\n<p>White House Press Secretary Jen Psaki pinned the blame for rising gas prices on the Russian government and U.S. oil companies in a Wednesday monologue titled \u201cJen Psaki On Putin\u2019s Gas Price Hike.\u201d<\/p>\n<p>The press secretary pointed to Russia\u2019s war on Ukraine as the cause of gas prices exceeding an average of $4 per gallon, the <a href=\"https:\/\/dailycaller.com\/2022\/03\/07\/gasoline-prices-all-time-high-russia-white-house\/\" target=\"_blank\" rel=\"noopener noreferrer\">highest level<\/a> ever recorded in U.S. history.<\/p>\n<p>\u201cThe reality is that Russia is one of the three largest oil producers in the world,\u201d Psaki said. \u201cAnd the fact that they have started this conflict, invaded a foreign country, and they are such a big producer of oil in the world is the reason why the global oil markets are disturbed right now and why your gas prices are going up.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">.<a href=\"https:\/\/twitter.com\/PressSec?ref_src=twsrc%5Etfw\">@PressSec<\/a> breaks down what <a href=\"https:\/\/twitter.com\/POTUS?ref_src=twsrc%5Etfw\">@POTUS<\/a>\u2018s Russian oil ban means for Americans, our strong domestic oil production under President Biden, and the steps we\u2019re taking to mitigate the pain American families feel at the pump. <a href=\"https:\/\/t.co\/XOF2nf6v16\">pic.twitter.com\/XOF2nf6v16<\/a><\/p>\n<p>\u2014 The White House (@WhiteHouse) <a href=\"https:\/\/twitter.com\/WhiteHouse\/status\/1501708145042800641?ref_src=twsrc%5Etfw\">March 9, 2022<\/a><\/p>\n<\/blockquote>\n<p>The press secretary said U.S. oil and gas production is increasing, claiming more domestic oil had been produced in President Joe Biden\u2019s first year than that of his predecessor. She then claimed U.S. oil companies are not taking all potential steps necessary to ramp up production. <strong><a href=\"https:\/\/dailycaller.com\/2022\/03\/08\/audacity-david-asman-debunks-psaki-oil-production\/\" target=\"_blank\" rel=\"noopener noreferrer\">(RELATED: \u2018The Audacity\u2019: Fox Business\u2019 David Asman Debunks Psaki\u2019s Claims On US Oil Production)\u00a0<\/a><\/strong><\/p>\n<p>\u201cAnd there\u2019s opportunities to produce more from here,\u201d she continued. \u201cBut part of this is on the oil companies. Right now, there are 9,000 approved unused permits that oil and gas companies could tap into now to ramp up production.\u201d<\/p>\n<p>Psaki said the Biden administration is again tapping into the <a href=\"https:\/\/dailycaller.com\/2021\/11\/23\/joe-biden-strategic-petroleum-reserve-critics-gas-prices\/\" target=\"_blank\" rel=\"noopener noreferrer\">Strategic Petroleum Reserve<\/a> (SPR) to release 30 million barrels. The president first tapped the SPR in early November releasing an approximate 40 million barrels due to rising gas prices reaching an average of <a href=\"https:\/\/dailycaller.com\/2021\/11\/24\/thanksgiving-gasoline-prices-crude-oil-high-level-2012\/\" target=\"_blank\" rel=\"noopener noreferrer\">$3.42 a gallon<\/a>.<\/p>\n<p>The press secretary concluded that the U.S. must steer away from energy dependency and toward a reliance on <a href=\"https:\/\/dailycaller.com\/2021\/11\/12\/white-house-joe-biden-gasoline-prices-green-transition-jen-psaki\/\" target=\"_blank\" rel=\"noopener noreferrer\">clean energy<\/a>.<\/p>\n<p>\u201cThe only way to protect the United States over the long term is to become energy independent,\u201d she said. \u201cThat\u2019s why the president has been so focused on investing in clean energy technologies so that we can rely on that, and not President Putin, to set the price of gas.\u201d<\/p>\n<p>President Biden first dubbed the spike in <a href=\"https:\/\/dailycaller.com\/2022\/03\/09\/white-house-rebrands-rising-gas-prices-putin-price-hike\/\" target=\"_blank\" rel=\"noopener noreferrer\">gas prices<\/a> as \u201cPutin\u2019s Price Hike\u201d at a Tuesday address announcing the ban on Russian imports of oil. White House communications director Kate Bedingfield tweeted Wednesday \u201c#PutinPriceHike in action.\u201d<\/p>\n<p>Fox News White House correspondent <a href=\"https:\/\/dailycaller.com\/2022\/03\/09\/doocy-presses-psaki-blaming-russia-gas-prices\/\" target=\"_blank\" rel=\"noopener noreferrer\">Peter Doocy<\/a> pressed Psaki Wednesday regarding the rebranding of gas prices as the \u201cPutin Price Hike.\u201d<\/p>\n<p>\u201cIf you want to use that on Fox, I welcome that,\u201d she replied.<\/p>\n<p>\u201cOh, I think it\u2019ll get a lot of airtime because we have heard the president warn for months the gas prices were rising because of the supply chain and because of post-pandemic demand,\u201d Doocy said. \u201cIf you guys knew for months that this was going to be the #PutinPriceTag, why are we just hearing that now?\u201d<\/p>\n<p>Psaki answered that analysts found that the invasion led to instability in the global oil markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>White House Press Secretary Jen Psaki pinned the blame for rising gas prices on the Russian government and U.S. oil companies in a Wednesday monologue titled \u201cJen Psaki On Putin\u2019s<\/p>\n","protected":false},"author":1,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1368891","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1368891","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1368891"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1368891\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1368891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1368891"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1368891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}