Biden’s Idea For Those Worried About High Gas Prices: Just Buy An Electric Vehicle

Dementia Joe was just full of great ideas. For those of you who have $54,000 (average cost of an EV)

Joe Biden Addresses High Gas Prices: Americans Can Save Money if They Buy Electric Cars

President Joe Biden promoted his efforts to lower gas prices on Tuesday, but he reminded Americans they would save more money on gas if they owned electric cars.

“For the hundreds of thousands of folks who bought one of those electric cars, they’re going to save $800 to $1000 in fuel costs this year,” Biden said, referring to the $112,595 electric Hummer pickup he test drove at a General Motors factory in Detroit earlier this month.

The president appeared frustrated that some Americans continue blaming his environmental agenda for higher gas prices, dismissing it as a “myth.”

“My effort to combat climate change is not raising the price of gas, what it’s doing is increasing the availability of jobs,” Biden insisted.

He claimed his government subsidies for green energy and electric cars would only help Americans get jobs and save more money.

Except, they are not subsidies: they are a tax rebate, meaning (most likely, since every article, dealer, etc, will say to talk with your tax professional) that they will just reduce your taxable income. A $7,500 reduction means you’re net taxable income will be, say, $40,000, at which point you go to the schedule to see how much you should have paid in taxes. For 2021 that’s $4606 filing single. And you paid $4607 from your check. You get a dollar back! Well, really, you saved around $1640, based on the difference between filing at $40k vs 47,500. That’s not $7,500, eh?

But, Joe is so divorced from reality that thinks everyone can afford an EV, which, interestingly, is not something he drives. None of the vehicles in his big motorcades are EVs.

So, our Energy Secretary is lying about what type of vehicle she drives (she’s gonna have to lease something different, with Volts going bye bye). And she doesn’t know how many barrels of oil the U.S. uses daily. You’d think that would be an important, and relevant, number to know.

Biden announced plans to release 50 million gallons of oil from the Strategic Oil Reserves to help lower prices but cautioned Americans it would take a while to have an effect on gas prices.

“While our combined actions will not solve the problem of high gas prices overnight, it will make a difference,” he said. It will take time, but before long, you should see the price of gas drop where you fill up your tank.”

Biden’s efforts did not immediately have the desired effect on the oil market as prices rose over three percent per barrel on Tuesday morning after his announcement.

Huh. The U.S. used 18.19 million barrels a day in 2020, which was obviously down a bit. 50 million covers us for just over two days.

(ABC News) While the news could bring relief of five to 15 cents per gallon in the coming days and weeks, industry experts told ABC News, they remain skeptical about whether the move will ease longer-term pressures in the oil market and concerned over how oil producers could punitively respond.

“Could”. A small amount which will most likely be very short term. And the oil companies need to repay it.

Save $10 on purchases of $49.99 & up on our Fruit Bouquets at 1800flowers.com. Promo Code: FRUIT49
If you liked my post, feel free to subscribe to my rss feeds.

Both comments and trackbacks are currently closed

9 Responses to “Biden’s Idea For Those Worried About High Gas Prices: Just Buy An Electric Vehicle”

  1. Hairy says:

    Teach always cherry picks his numbers
    Kelly Blue Book says average price of an EV is 51000 while the average cost of ICE car is 45000
    I don’t think that many new cars are sold to many people making less than 50k per year
    So for most customers the tax savings are greater
    Remember over 25% of the now well over 200000 deposits for their EVs taken by Ford were put down by fleet owners who are looking for THE lowest ownership costs over 5 years. The levelized cost of EV batteries goes down each year
    Fossil fuel prices? Skyrocketing!!

    • gitarcarver says:

      Teach always cherry picks his numbers

      Says the pot trying to call the kettle black.

      I don’t think that many new cars are sold to many people making less than 50k per year.

      The fact of the matter is that electric cars hover around the $51,000 average.

      Gas powered cars have plenty of cars below the $30,000 range.

      (It is also funny in a sad way that Hairy used to claim that electric cars were cheaper than gas cars. Now he appears to have recognized his lies and changed his tune.)

      Remember over 25% of the now well over 200000 deposits for their EVs taken by Ford were put down by fleet owners who are looking for THE lowest ownership costs over 5 years.

      Hairy thinks that the average consumer wants the same vehicle as that deployed by fleets.

      Secondly, he still tries to say that the costs of EV’s are cheaper by only looking at the first 5 years of ownership. The average length of ownership of vehicles is just over 9 years in the US.

      Hairy cherry picks the data on “five years” because at 6-8 years, the battery packs of an EV need to be replaced. For the Tesla that Hairy always touts, that cost is $16,000 – $23,000 well over lifetime cost of maintenance for gas cars.

      The levelized cost of EV batteries goes down each year

      EV batteries are actually going up in price now. Not down. Facts are hated by Hairy.

      Perhaps Hairy has forgotten the shady deal made by a company owned by Joe Biden’s son where the company had participated in the killing of cobalt miners which is a key ingredient in EV batteries.

      The company was then sold to a Chinese firm which Hunter Biden had a stake in.

      Hairy always condemned the Trump children for what he declared were shady deals, yet he is silent on Biden’s drug addict kid making millions while killing innocent minors and dealing with the Chinese.

      Hairy always complains about Teach selling products from China, yet he has no problem with Chinese EV batteries that are premised on abusive labor practices.

      Hairy hates facts, data, stats and any type of moral consistency.

      Then again, all the left has is hate.

  2. Jl says:

    Why do we need electric vehicles, John?

  3. Jl says:

    “File prices skyrocketing”. Thanks, Joe..

  4. Dana says:

    Plug in hybrids are not bad vehicles at all. You can recharge them at home — if you have the ability to do so — but a gasoline engine enables you to go long distances without having to find a charging station and spend an hour waiting for the thing to recharge.

    My older daughter has a 2018 Prius hybrid, though not a plug-in variety. She gets over 50 MPG, and can, if she chooses, switch to straight electric drive for short trips. That’s a pretty reasonable way of doing things. The biggest problem is that she has said it won’t go over 35 MPH on straight electric, which wouldn’t be a problem in the city, but if she hit the arterial roads, would be too slow.

    If the left were pushing hybrids, they’d be making a lot of sense, but because the warmunists always go for the extremes, they devolve into their usual stupidity.

  5. david7134 says:

    john,
    You have never, ever addressed the battery pollution that will result from your clean energy.

  6. drowningpuppies says:

    As far Dumbo is concerned:

    President Joe Biden’s Energy Secretary Jennifer Granholm is the subject of an ethics complaint for promoting, in her role as a member of the executive branch, an electric bus company she sat on the board of and held over a million dollars of stock in.
    Granholm — who oversees moving the country toward an electric vehicle transportation system and enjoys newfound powers after the passage of Biden’s infrastructure package — is facing scrutiny for promoting Proterra, a Burlingame, California-based electric bus company she sat on the board of and held 240,520 shares of stock in, which garnered her $1.6 million when she finally divested them 157 days after her nomination.

    Her ears grow larger with her grift.

    #LetsGoBrandon
    #FJB
    Bwaha! Lolgf https://www.thepiratescove.us/wp-content/plugins/wp-monalisa/icons/wpml_cool.gif

  7. Joe says:

    Are there numbers out for the daily re-charge costs out there yet ? If so has any of Joe’s enablers told ol’ shit for brains.

  8. david7134 says:

    One good way to reduce the cost of fuel would be suspension of the gas taxes.

Bad Behavior has blocked 10021 access attempts in the last 7 days.