October 19th, 2022. Biden is Still Searching for A Gas Price Scapegoat
The President's Daily Brief
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Is Joe Biden Right to Blame Refineries for High Gas Prices?
In 1980, America had 250 refineries nationwide. Today, we've got about 124. In the New England states, that number was 24 refineries back in 1980. And today, it's seven. Fewer domestic refineries means ultimately less refining supply from refineries that either we control or have influence over. That can and does lead to higher prices as we have to import from abroad when we have low supply.
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