The pro-Biden media is doing its level best to mitigate the effects of inflation on the everyday finances of the American public: case in point, this weird report on the national gas price average.
Watch as anchor Lester Holt cheerfully frames today’s national gas price average as inflation relief:
LESTER HOLT: If you're looking for a break from inflation you may not have to search any farther than the gas pump where millions of Americans are now paying $3 or less a gallon. Here's Tom Costello.
TOM COSTELLO: From the Lone Star State, to highways across the country, finally some inflation relief at the gas pump.
CITIZEN: A lot better than last year.
The report went all over the place, from gas prices to oil production, to electric cars back to gas prices. But the thing about average prices is that they are an average. In some metropolitan areas, gas prices remain high. In others, such as in major metros in Florida and in Texas, gas prices are actually spiking (.30/gallon after the holiday! Ouch!).
God forbid, what happens to gas prices if OPEC cuts production or if the Biden administration’s deal with the Maduro dictatorship in Venezuela lapses due to noncompliance? Does NBC issue a correction for pretending that commodity speculation is news?
More than anything, the report comes off as “Bidenomics” propaganda without that word, which journos openly lament “isn’t working”, ever being uttered.
Also unsaid: the reason gas prices got so high in the first place. Rhymes with Schmidenomics.
Click “Expand” to view the full transcript of the aforementioned report as aired on NBC Nightly News on Wednesday, November 29th, 2023:
LESTER HOLT: If you're looking for a break from inflation you may not have to search any farther than the gas pump where millions of Americans are now paying $3 or less a gallon. Here's Tom Costello.
TOM COSTELLO: From the Lone Star State, to highways across the country, finally some inflation relief at the gas pump.
CITIZEN: A lot better than last year.
COSTELLO: It's all about supply and demand. Demand usually falls during colder months when people stay home, and right now there's plenty of supply, with the U.S. making up 80% of the global increase.
PATRICK DE HAAN: The U.S. Retains the crown of the world's largest oil producer. Oil production in the U.S. is back at record-setting levels.
COSTELLO: On the global market, oil is now selling for $77 a barrel, down from $123 in June of last year. At the pump, gas has dropped to $3.22 a gallon nationally, 28 cents cheaper than last year. 16 states are now paying $3 or less. 25,000 gas stations at 2.75 or less, though, higher taxes means gas can be $2 more expensive out west. Still, cheaper gas is one reason why car dealers report electric vehicle sales have fallen sharply. In Wisconsin Kunes Automotive owns 44 dealerships across the region.
SCOTT KUNES: We've definitely seen a slowdown in electric vehicle sales across the Midwest, and we’re actually seeing a lot of defectors from electric vehicles as they move back towards a ICE (internal combustion engine) or hybrid vehicle.
COSTELLO: A top customer concern: driving long distances and finding charging stations. Where gas prices go from here could depend on whether OPEC cuts production this week. OPEC doesn't have the influence it once did, but it could determine whether America’s national average falls below $3 by Christmas.
