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On Fox Business Network’s “Mornings with Maria” Thursday, Rep. Byron Donalds (R-FL) argued that the Biden administration and congressional Democrats helped drive down gas prices by causing a recession that drove down oil prices.
Host Dagen McDowell asked, “I would just ask the people in the White House, what have you done to lower these gas prices that you would deserve credit for that?”
Donalds replied: “The only thing they’ve done is cause a recession. Listen, global demand for oil is falling. The futures market price for oil has actually been down for the past couple of months, and when oil prices fall, natural gas prices tend to fall. And the reason why this happened is because futures markets are looking bearish. They are looking at slowing global growth. And that was the main driver of that. Joe Biden and the Democrats in Congress did nothing but cause a recession that shouldn’t have happened, and that was because you had members of the Senate, who are members of the Democratic Party, voted for his American [Rescue] Plan, which has caused a labor shortage in our country and massive inflation in our country.”
Follow Ian Hanchett on Twitter @IanHanchett
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