“It’s an old tactic employed by opposition parties to blame sitting presidents when fuel prices rise on their watch — and one that Republicans unsuccessfully tried to wield against Barack Obama during a recovering economy a decade ago. This time, they are pointing to Biden’s ambitious climate change plans, his pause on leases for new oil wells on federal lands, and his cancellation of the permits for the Keystone XL pipeline as the culprits, although none of those steps have had any immediate impact on what motorists pay at the pump.
Experts largely agree that the White House usually has little to do with short-term moves in gasoline prices, which are a factor of global oil prices, U.S. refinery operations, and — especially this year — a sharp jump in demand from drivers as people emerge from lockdowns and travel resumes.But that hasn’t kept the narrative from spreading across conservative media, where pundits are drawing comparisons to the Jimmy Carter administration, and trickling down to viral social media posts pinning gas prices to Biden’s climate agenda.”
https://www.politico.com/news/2021/07/04/gasoline-prices-gop-biden-497947