'GETTING POORER': Mulvaney blasts Biden WH victory lap over gas price dip
BUTTIGIEG HIGHLIGHTS DECLINING GAS PRICES AFTER SUGGESTING THEIR RISE WAS GOOD FOR TRANSITIONING TO EVSWe're all glad that prices are coming down a little bit. But Maria, there's only two ways that can happen. Either the supply of gasoline is going up or the demand for gasoline is going down. That's how prices get established in a free market. And I think everybody knows the supply of gasoline underis not going up.
So what does that mean about demand? It means the only reason that prices can go down is that people are demanding less of it because we're moving into a recession. People have less money to, so they're not. So the prices are coming down. With the Trump administration, you could increase the supply of something in the price would come down. People would be richer and be able to buy more things. Under the Biden administration, the demand is going down.
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