Joe Biden Blames ‘Putin’s Gas Tax’ as Gas Prices Jump to All Time High

Biden spoke about how in 2021, the used car market was artificially high because of a shortage of available computer chips.

“This year we have a similar problem, but it’s because of energy because of Putin’s gas tax,” he said, describing the tax as “the gas tax of him causing such a disruption in oil markets around the world.”

The AAA national average for a gallon of gas is now $4.574, breaking the previous record set in early March.

The president spoke about high gas prices during a political fundraiser on Monday evening.

Biden complained that inflation was an “incredibly difficult problem,” but he did not offer any specific solutions to address high gas prices.