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Biden Says Gas Prices Were ‘Over Five Dollars’ When He Took Office, It Was Actually $2.39

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On Thursday, Democrat President Joe Biden falsely claimed that the cost of gasoline was “over five dollars” when he took office, when the average price of gasoline was $2.39.

“The most common price of gas in America is $3.39, down from over five dollars when I took office,” Biden said. “We need to keep making that progress by having energy companies bring down the cost of a gallon of gas that reflects the cost of paying for a barrel of oil.”

However, as noted by Fox News, “the national average price for a gallon of regular gasoline in the week ending Jan. 25, 2021, shortly after Biden took office, was $2.39, according to data from the Energy Information Administration. The average price for a gallon of regular gasoline didn’t hit $5 until June 2022, which is well over a year after Biden took office.”

Additionally, the current national average for a gallon of regular gasoline is $3.76, over 30 cents more than what Biden claimed Thursday, according to AAA.

In fact, current gas prices are still significantly higher than they were when Russia invaded Ukraine. According to the U.S. Energy Information Administration, the national average price of gasoline was $3.53 per gallon the week that Russia invaded Ukraine.

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