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Why the Biden Administration Wants Higher Gasoline Prices

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Why the Biden Administration Wants Higher Gasoline Prices
A man refuels at a gas station in Fayetteville, N.C., on May 12, 2021. Sean Rayford/Getty Images
Stephen Moore
Updated:
Commentary

When he announced last week that he would release more oil from the American Strategic Petroleum Reserve, President Joe Biden told the American people that he’s doing everything possible to bring down gas prices at the pump.

Stephen Moore
Stephen Moore
Author
Stephen Moore is a senior fellow at the Heritage Foundation, chief economist at FreedomWorks, and co-founder of the Committee to Unleash Prosperity. He served as a senior economic adviser to Donald Trump. His latest book is “Govzilla: How the Relentless Growth of Government Is Impoverishing America.”
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