August 12, 2022

On Thursday’s broadcast of Fox Business Network’s “Morning with Maria,” Representative Byron Donalds (R-Fla.) said the Biden administration and congressional Democrats helped bring down gas prices by causing a recession that drove down oil prices.

Host Dagen McDowell asked, “I’d just like to ask the people in the White House, what have you done to bring down those gas prices that deserve credit for that?”

Donalds replied, “The only thing they’ve done is cause a recession. Listen, global demand for oil is going down. The future market price of oil has actually gone down for the past two months, and when oil prices go down, gas prices tend to go down. And the reason that’s happening is because the contract markets The futures are looking into a recession. They are looking to slow global growth. And that’s the primary driver for that. Joe Biden and the Democrats in Congress have done nothing, except to cause a recession that shouldn’t have happened, and it was because there were senators, who are party members. Democrat, the American voted for him. [Rescue] The plan that caused labor shortage in our country and massive inflation in our country.”

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