White House economic adviser Heather Boushey said President Biden is focusing on a green energy transition because of inflation on CNN’s “New Day” Thursday. During her appearance, Boushey discussed inflation and the financial struggles it has created for Americans. He did not mention that Biden’s environmental and economic policies helped raise prices and ignite inflation. “Overall, what we’re seeing is this global trend toward higher prices and you’re seeing a lot of countries that are reaching record highs like the United States and, again, it’s because in large part right now because of this energy crisis,” Boushey said when he was asked. by CNN’s John Berman on high prices. LA TIMES REPORT WARNS OF ‘ENVIRONMENTAL DANGER’ IN SOLAR TRANSITION Media speculation about President Biden’s ability to run in 2024 reflects Democrats who have expressed concern about his age and low approval numbers. (AP Photo/Carolyn Kaster) Berman asked Boushey why US inflation is worse than Canada, France, Italy, Japan, India, Mexico, China, but Boushey just reiterated that inflation affects countries all over the world. “Finding ways to contain the energy crisis and for countries like the United States and Europe, of course, taking concrete steps to wean yourself off these global oil markets, because that’s what makes all these economies so vulnerable this dot”. she continued. “That’s why the president continues to focus on his clean energy agenda that can help ensure that in the future we see lower and less volatile prices than we and other countries are seeing today.” Biden has previously called inflation an opportunity for a green transition in the economy. BIDEN ADVISOR: DELTA, OMICRON VARIENTS AND PUTIN ARE TO BLAME FOR THE ECONOMY View of the pumping station in the oil well of the oil field. The arrangement is typically used for onshore wells that produce little oil. Pumpjacks are common in oil-rich areas.
During her appearance, Boushey also cited Putin’s invasion of Ukraine and the supply chain crisis as causes of inflation. “Let’s be clear, most of the price increases last month were due to energy and food, and most of them were indeed due to energy. This is really the result of, you know, the United States and countries everywhere. a historic pandemic where we’ve seen these ongoing challenges with supply chains, these fragile supply chains that businesses around the world have created that have made it difficult to get products on the shelves in the time of recovery from a pandemic,” he said. “You add on top of that this unprovoked war that Putin is waging in Ukraine and that’s why we’ve seen prices go up. So these gas prices — again, as you pointed out, this is a global phenomenon. Again, the exit from the pandemic is global, the supply chain challenges are global and the energy challenges are also global,” he continued. President Joe Biden boards Air Force One for a trip to Israel and Saudi Arabia, Tuesday, July 12, 2022, at Andrews Air Force Base, Md. (AP Photo/Evan Vucci) CLICK HERE TO GET THE FOX NEWS APP Biden is traveling to Saudi Arabia this week to ask the country to increase oil production. US inflation hit a new 40-year high of 9.1% in June, it was announced on Wednesday. Joe Silverstein is a production assistant for Fox News Digital.