Congressman Tim Ryan Statement on Rising Gas Prices
Washington, DC – Congressman Tim Ryan (D-OH) released the following statement regarding rising gas prices. A recent analysis found that the price of U.S. crude oil increased nearly 7 percent and rose above $75 a barrel for the first time since November 2014. According to AAA, average national gas prices rose from $2.257, from this time last year, to $2.884 per gallon. This follows President Trump’s decision to leave the Iran nuclear deal and the State Department announcing a policy to cut all Iranian crude exports.
“Rising gas prices are taking a toll on Americans not only in Ohio, but all across the nation. As a result of President Trump destabilizing the globe, hardworking American families are seeing prices jump on a weekly basis. It’s unacceptable. Energy analysts have pointed to the President’s misguided move of pulling out of the Iran deal as a cause of the increases. The President’s reckless decisions are coming at the expense of Americans’ wallets. He talks about putting America first, but his actions don’t seem to mirror that. The minuscule tax benefits families are receiving from the GOP’s disastrous tax sham are now being spent on these skyrocketing prices. It’s time the President stop blaming others for the mess he’s created and step up to fixing our nation’s problems,” said Congressman Ryan.