Biden to head Gulf Coast on gas price-pumping tour

Former Vice President Joe Biden will take a trip to the Gulf Coast to tout the impact of the election of former Sen. Bill Cassidy, R-La., to the new U.S. Senate in hopes it will add “heft” to the fight against surging gas prices.

Biden will start his week Sunday on a tour of the Houston area and the St. James Parish coastline to talk with residents and tour manufacturing plants. Later this week, he will travel to New Orleans to discuss the impacts of refinery closures and rising fuel prices in the Gulf Coast region, according to Biden spokesman Kevin Sheridan.

Biden’s visit comes as a nationwide average price for a gallon of gasoline has hit $2.74, a level not seen since late July 2014 and 14 cents more than in 2016, according to AAA.

In recent weeks, President Trump has taken action to shift more oil from foreign producers to the U.S. In particular, the president has canceled an executive order by President Obama that began easing oil exports, including by letting U.S. oil exports to China surpass the restrictions imposed by President George W. Bush.

The administration also has announced new restrictions on companies that purchase U.S. gas from Mexico and Nigeria.

The Democratic Vice President said earlier this year that he’d have a backup plan in case he wins the 2020 presidential election, relying on U.S. oil reserves.

The Washington Examiner has contacted the Energy Department for reaction to Biden’s plans.

William Patalon III is CEO of Tulsa-based investment group Tribeca Global Advisors, contributing to the Washington Examiner’s Beltway Confidential blog.

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