May 10, 2022, Fairfax, Va.—Americans for Limited Government President Rick Manning today issued the following statement responding to Gas Buddy petroleum analyst Patrick De Haan’s claim that 2008 gasoline prices were “the highest inflation adjusted ever”:
“Gas Buddy might be a great app for finding the cheapest gas station in your area, but I wouldn’t use it as a dependable source for tracking inflation in the gasoline market. Apparently embarrassed that Joe Biden’s disastrous energy policies led to a massive 36 percent increase in gasoline prices in 2021 alone before Russia invaded Ukraine, Gas Buddy petroleum analyst Patrick De Haan falsely claims that 2008 gasoline prices were ‘the highest inflation adjusted ever’ even though at 16.5 percent it was less than half the current increase. A cursory review of inflation data by the Bureau of Labor Statistics reveal higher gasoline average annual price increases in 1979 (35 percent), 1980 (38.9 percent) and 2000 (28.4 percent).
“Higher gas and energy prices are a feature of Biden’s Green New Deal in an attempt to not only drive increased demand for electric vehicles, but also to usher in dependency on unproven and undependable renewable energy alternatives. Patrick De Haan would do well to review his recent press releases which have proclaimed that since March 7, 2022, ‘U.S. National Average Price of Gasoline Hits New All-Time Record High’ when he declared ‘Americans have never seen gasoline prices this high…’ Maybe Gas Buddy should just focus on finding its clients the most affordable places to purchase gasoline and stay out of macroeconomics and partisan communications. ALG rates Gas Buddy’s inconvenient claim with the maximum four Al Gores for green disinformation.”
For media availability contact Americans for Limited Government at media@limitgov.org.
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