With gas prices on the rise, MSNBC’s Stephanie Ruhle did what comes naturally to her: defending President Joe Biden. On Wednesday’s The 11th Hour Ruhle not only claimed that Biden has nothing to do with high gas prices, but he is being undermined by the Russians and the Saudis who are trying to get Donald Trump elected.
Ruhle kicked off the segment by declaring, “We know that inflation is driving Americans crazy. If you are unsure, just call your mother. For many, it is their biggest complaint right now and because President Biden is in the White House, he gets the blame. But over the last few months, one thing he has been pointing to is low gas prices. But unfortunately, if you look closer, recently, they have been steadily and quietly going up. Now, this is a common thing going into the summer. More people drive more. It pushes up demand. That is normal. But there are other reasons as well. Ones that might be more deliberate, even political. Like Saudi Arabia and Russia continuing to cut oil production until June and remember when production is down, prices go up.”
After one of her guests, Bulwark podcaster Tim Miller, also defended Biden by citing record levels of oil production, Ruhle turned to her other guest, former Bernie Sanders adviser Chuck Rocha, and asked, “Chuck, what do you think? These prices are not the fault of President Biden. Tim just laid it out, we’ve got the highest oil production in U.S. history and some overseas oil producers who would sure like to help DJT.”
Even if one grants Ruhle’s premise that Russia and Saudi Arabia are trying to get Trump elected (as opposed to Moscow cutting production to raise the price of oil to fund its war machine), Biden has not done anything to respond. In fact, he has done the opposite. It is now more expensive to get a drilling lease on federal lands thanks to last week’s new regulations that changed the royalty rate for the first time in a century.
As for Rocha, he naturally lamented that people will blame Biden “even if he has nothing to do and OPEC and Russia and all of these things have to do—they’re going to blame Joe Biden and the other side knows it.”
Ruhle’s claim that the Russians and the Saudis are trying to get Trump elected with their oil policies is not even original. In October 2022, Ruhle’s colleague Ali Velshi theorized that Moscow and Riyadh conspired to raise gas prices to help Republicans in that year’s midterms.
Here is a transcript for the April 17 show:
MSNBC The 11th Hour with Stephanie Ruhle
4/17/2024
11:33 PM ET
STEPHANIE RUHLE: We know that inflation is driving Americans crazy. If you are unsure, just call your mother. For many, it is their biggest complaint right now and because President Biden is in the White House, he gets the blame. But over the last few months, one thing he has been pointing to is low gas prices. But unfortunately, if you look closer, recently, they have been steadily and quietly going up. Now, this is a common thing going into the summer. More people drive more. It pushes up demand. That is normal. But there are other reasons as well. Ones that might be more deliberate, even political. Like Saudi Arabia and Russia continuing to cut oil production until June and remember when production is down, prices go up.
…
Chuck, what do you think? These prices are not the fault of President Biden. Tim just laid it out, we’ve got the highest oil production in U.S. history and some overseas oil producers who would sure like to help DJT.
CHUCK ROCHA: Let me be clear that the Republicans know how to use this and will use this against Joe Biden. One of the most brilliant, small political things I saw done that was very, very powerful, last year, when I went to the pump, there was a sticker of Joe Biden with a finger pointing “I did that.” They were sticking it on gasoline pumps saying he’s the reason the gas pump was so high.
When I do focus groups all around the country, I'm still one of those old school political consultants who work on campaigns every single day, people talk about gas and groceries because no matter who you are, almost everybody in America, every week, has to buy gas and groceries and to your point, Steph, when it goes up just a little bit, they will blame the person in charge even if he has nothing to do and OPEC and Russia and all of these things have to do—they’re going to blame Joe Biden and the other side knows it.
