Peter Meijer tweeted the following:
"The White Houses graph reflects 5 weeks of comparison when price changes for retail gas lag oil prices by 4-8 weeks. The graph I made above w/FRED data, showing the cost of retail gas vs WTI oil since Bidens inauguration, reflects the lagging reality of commodity prices. (2/2)"Read on Twitter
Here are other recent tweets from Peter Meijer:
"I wish the @WhiteHouse worked as hard at boosting domestic energy production as they do at publishing misleading graphs.The price of gas at the pump lags oil prices by several weeks, which makes sense bc oil in the gas wasnt purchased/refined/distributed that same day. (1/2) twitter.com/whitehouse/sta"Read on Twitter
"Last week I visited The StoreHouse, a nonprofit organization based in Plainfield Township that focuses on helping local businesses donate unused materials & excess products. 1/2"Read on Twitter
"The StoreHouse has experienced rapid growth since opening in 2016, & theyve helped our West MI business community become more sustainable. It was a privilege to tour their facility & learn more about the amazing work theyre doing in our community. 2/2"Read on Twitter