{"id":1701896,"date":"2022-10-19T06:09:01","date_gmt":"2022-10-19T10:09:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1701896"},"modified":"2022-10-19T06:48:15","modified_gmt":"2022-10-19T10:48:15","slug":"white-house-celebrates-5-cent-decline-in-national-average-gas-price","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-celebrates-5-cent-decline-in-national-average-gas-price\/","title":{"rendered":"White House Celebrates 5-Cent Decline in National Average Gas Price"},"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\">20<\/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%2Fwhite-house-celebrates-5-cent-decline-in-national-average-gas-price%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=1701896&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-->\n<p>The <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/white-house\">White House<\/a> teased <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/joe-biden\">President Joe Biden<\/a>&#8216;s <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/oil\">oil<\/a> announcement by touting the small downward trend in the national average <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/gas-prices\">gas price<\/a> per gallon.<\/p>\n<p>&#8220;The average retail price is down by 5 cents over the last week,&#8221; press secretary <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/karine-jean-pierre\">Karine Jean-Pierre<\/a> told reporters Tuesday, citing 13- to 30-cent drops in such states as California, Indiana, Michigan, Ohio, Oregon, and Wisconsin.<\/p>\n<p><a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/restoring-america\/courage-strength-optimism\/biden-china-technology\">BIDEN MAY BE READY FOR BIG STEP IN RACE AGAINST CHINESE TECHNOLOGY<\/a><\/p>\n<p>Jean-Pierre repeated that the national gas price average has decreased by $1.15 since the summer&#8217;s high of more than $5 per gallon, pushed up by <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/coronavirus\">the pandemic<\/a> and <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/russia\">Russia<\/a>&#8216;s invasion of <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/ukraine\">Ukraine<\/a>.<\/p>\n<p>&#8220;The 98-consecutive-day decline this summer was the fastest in over a decade,&#8221; she said. &#8220;Every month, the typical two-driver family saves about $120 at the pump, compared to where we were in mid-June.&#8221;<\/p>\n<p>Gas prices increased this month amid reports <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/opec\">OPEC+<\/a> would cut oil production by 2 million barrels a day from November to put pressure on prices before the <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/midterms\">2022 elections<\/a>. The national average per gallon is currently $3.90, according to <a class=\"Link\" href=\"https:\/\/gasprices.aaa.com\/\" target=\"_blank\" rel=\"noopener\">AAA<\/a>.<\/p>\n<p>Biden will reportedly announce Wednesday he is releasing another 10 million to 20 million barrels of oil from Strategic Petroleum Reserve, the country&#8217;s emergency stockpile that has been periodically drawn down since March to supplement the market and lower prices. <\/p>\n<p>&#8220;There is no shortage of opportunity or incentive for oil companies to ramp up production,&#8221; Jean-Pierre said Tuesday. &#8220;Oil companies are ranking in record profits, as we have seen.&#8221;<\/p>\n<p><a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/\">CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER<\/a><\/p>\n<p>&#8220;More than 9,000 approved drilling permits remain untapped by the oil industry,&#8221; she added. &#8220;At the same time, U.S. oil production is up and on track to reach a record high this year.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The White House teased President Joe Biden&#8216;s oil announcement by touting the small downward trend in the national average gas price per gallon. &#8220;The average retail price is down by 5 cents over the last week,&#8221; press secretary Karine Jean-Pierre told reporters Tuesday, citing 13- to 30-cent drops in such states as California, Indiana, Michigan, &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1896464,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[547],"tags":[],"class_list":["post-1701896","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1701896","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=1701896"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1701896\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1896464"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1701896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1701896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1701896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}