Biden Adviser Brian Deese: $5 a Gallon Gas ‘Is About the Future of the Liberal World Order’

‘We have to stand firm’

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EXCERPT:

DEESE: "Well, what you heard from the President today was a clear articulation of the stakes. This is about the future of the liberal world order and we have to stand firm. But at the same time, what I’d say to that family, to Americans across the country is, you have a president and an administration that is going to do everything in its power to blunt those price increases and bring those prices down. Good news, over the last two weeks, we've seen the price of gas at the pump come down 20 cents, but still unacceptably high. That’s why the President, before he was at NATO, at G7 earlier this week, was working to bring the G7 allies together around exploring something around a price cap, to cap the price that can be paid for Russian oil, which will actually target the pain more directly on Vladimir Putin and not on the rest of the world. It’s why you have the President calling for, here at home, a temporary gas tax holiday — not only at the federal level, but for states to follow the lead and take equivalent actions as well. It's why we are engaged with the industry, encouraging them to increase supply, increase supply of oil right now, and also increase that refinery capacity that we know those companies took offline during the pandemic. We need to get more of that online so that we get more gas into the system. All of these steps, none of them is a silver bullet alone, but you've got an administration that's working on every angle we can to try to keep this price reduction that we are seeing going."

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