Ms Hancock states “I remember when “Biden took office the price of gas was half the price it is today”. That is correct. If you remember that was during the pandemic. People stayed home. Few took long driving trips. The demand for gas dropped to record low numbers. As such, the oil companies had a glut of gas supply. They dropped their prices to encourage people to drive and purchase gas. Simple as that.
When the pandemic “ended”, people got back to driving. Oil companies continued to raise prices (as did other companies who lost business during the pandemic) thus causing inflation. It’s as simple as that. Biden didn’t cause prices to rise or inflation to happen. Capitalism did. Biden didn’t release “directives” that caused inflation. Corporate greed did that
Robert Diedrich
Northeast side
People are also reading…
Disclaimer: As submitted to the Arizona Daily Star.
Follow these steps to easily submit a letter to the editor or guest opinion to the Arizona Daily Star.
