FACT CHECK #4ZUB2CGN

WHAT WE FOUND

While the national average price of gasoline did exceed $5.00 per gallon in June 2022 1248, the claim that this was caused by administration policies is a subject of significant dispute. High-credibility sources confirm that gas was approximately $2.39 to $2.46 per gallon when President Biden was inaugurated in January 2021 1345. However, analysts and fact-checkers attribute the subsequent record-breaking price spike primarily to global supply-demand issues and the Russian invasion of Ukraine 26. Reporting indicates that the precise quantitative impact of domestic policies versus global market forces remains unresolved and is a point of contention between political factions 210. While partisan reports from the House and Senate blame Biden’s energy and economic policies for the increase 135, non-partisan analysis emphasizes that retail prices are largely dictated by the global crude oil market and post-pandemic recovery 267. Because the claim presents a definitive causal link that is not supported by a consensus of objective evidence, it is categorized as misleading 210.

SOURCES

1. 1 · waysandmeans.house.govACADEMIC
   Gas Prices Have More Than Doubled Since Biden’s First Day in Office - Ways and Means

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2. 2 · factually.coFACT-CHECKER
   What Were Gasoline Prices During Biden’s Presidency?

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3. 3 · oversight.house.govACADEMIC
   Comer Releases Report on the Biden Administration’s Detrimental Green New Deal Agenda - United States House Committee on Oversight and Government Reform

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4. 4 · politifact.comFACT-CHECKER
   Speaking in Syracuse, President Biden said the price of gasoline is “down from over $5 when I took office.” It did hit $5 a gallon, but it was this past June, not when he was inaugurated in January 2021. He has gotten the talking point correct on other occasions.

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5. 5 · rpc.senate.govACADEMIC
   Gas Prices Up 100% Under Biden

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6. 6 · factcheck.orgFACT-CHECKER
   Gasoline Prices Up Due to Global Supply-Demand Issues, Russian Invasion of Ukraine - FactCheck.org

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7. 7 · hoover.orgACADEMIC
   What Caused Gas Prices To Jump? | Hoover Institution What Caused Gas Prices To Jump?

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8. 8 · fee.orgWEB
   3 Things Biden Has Done That Increased Gas Prices

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9. 9 · gasprice.usWEB
   Gas Prices Under Biden: What Happened (2021-2025) | GasPrice.us

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10. 10 · time.comWEB
    Both Republicans and Democrats Are Wrong on Gas Prices

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