Checked elsewhere / FactCheck.org / Economy and jobs

“Gas prices are coming down. They’re down almost a dollar a gallon ... from where they were just a month ago. And, you know, we’re making progress.”
Joe Biden U.S. President. White House remarks. Claim dated 5 Aug 2022.
FactCheck.org rated thisNot the Whole Story

What FactCheck.org found

Analysts say the drop in gas prices can mostly be attributed to a decrease in the price of crude oil, which has declined largely because of concerns that the global economy may experience a downturn, reducing oil demand.

Their words, from the summary they publish with the rating.

In short

Joe Biden (U.S. President) made this claim around 5 August 2022. FactCheck.org (United States) looked into it and published its finding on 17 August 2022, 12 days later. Its rating was “Not the Whole Story”.

Joe Biden has 509 checked claims in this archive. Fact-checking organisations rated 140 of them false or fake, 281 misleading or mixed and 34 true.

This check was done by FactCheck.org, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.