According to Arkansas Sen. Tom Cotton (R), what transpired on January 6, 2021 when thousands of pro-Trump supporters stormed the U.S. Capitol and called for then-vice president Mike Pence to be hanged isn’t the important fact to recall about that fateful day.
Instead, Cotton told former Fox News host Megyn Kelly on her Sirius XM show, what Americans need to remember is that gasoline only cost $2.40 at the time.
Ah, yes: Another day, another excuse from Republicans for what took place on Jan. 6. Their fingerprints are all over the planning and coordination of the attack, so now they want to try and shift the debate to the price of gas.
But what has actually caused the rise in gas prices? To hear the GOP tell it, it’s all President Joe Biden’s fault, but as NBC News noted last month, that’s far from the truth.
Prices are likely to keep going higher from here as oil prices climb, according to Patrick De Haan, chief petroleum analyst at the gas price tracking group GasBuddy.com.
“With OPEC+ deciding to cut oil production by two million barrels a day, we’ve seen oil prices surge 20%, which is the primary factor in the national average rising for the third straight week,” he said in a blog post Monday.
For the rest of the country, De Haan said he expects prices to rise as much as $0.30 from their September lows, which would put them at around $4 a gallon.
In a note to clients Monday, Andy Lipow, president of Lipow Oil Associates LLC consultancy, said he also expects gasoline prices to rise to as high as $4. Lipow also noted gasoline inventories have plummeted across much of the U.S. because the previously lower pump prices increased demand among drivers, which caused prices to climb.
Translation: The Saudis and their OPEC brethren are greedy bastards who are trying to gouge the world by reducing production.
Tom Cotton is a fool, and his attempts to paper over his and many in his party’s complicity in a direct attack on American democracy is a new low, even for bottom feeders like them.