FAKE NEWS: In Bizarre Rant, Schumer Claims Gas Prices ‘Never Go Down,’ Despite 12-Year Low Under POTUS (VIDEO)
Joshua Caplan
TheGatewayPundit.com
Jul 23rd, 2017
Senate Minority Leader Chuck Schumer appeared on ABC’s “This Week” with George Stephanopoulos to preview the Democrat’s new economic agenda. Or so he tried. In a bizarre, rambling rant, Schumer claimed Democrats will propose the creation of a “special, special office” to crack down on drug prices.
Schumer then falsely claimed gas prices “never go down,” despite prices sinking to an impressive 12-year low under President Trump. As you’ll notice by Schumer’s awkward body language and lack of eye contact with Stephanopoulos, Schumer couldn’t even BS his way through the fake news he spewed.
Grabien wrote:
“Over the July 4th holiday weekend, gas prices were at their lowest point since 2005, according to the AAA.
“At $2.23, today’s average national gas price is the cheapest the country has seen all year,” AAA reported. “On the week, gas prices fell in 46 states. Only Illinois, Oklahoma and Washington, D.C. saw prices increase, albeit by one cent each, while Hawaii and Maine remained flat. South Carolina continues to carry the cheapest gas in the country at $1.90. Today, consumers can find gas for $2.00 or less at one out of every four gas stations in the country.”
Chuck Schumer, appearing on This Week with George Stephanopoulos, claimed Sunday the prices are only rising, thanks to “huge companies buying up other big companies.”
“Gas prices are sticky — you know, when the domestic price goes, uh, when the, uh, price for oil goes up on the markets, it goes right up but it never goes down.,” Schumer said. “How the heck did we let Exxon and Mobil merge?”
Schumer also appeared confused over the “sticky prices” economic theory, as gasoline is cited by the Federal Reserve as an example of prices that aren’t “sticky.”
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