All those pundits and politicians on @cnn @msnbc @business @abcnews @NBCNews @CBSNews @cnbc screaming about the high cost of gasoline need to look at this chart. This inflation-adjusted #gasprices data from the Bureau of Labor Stats shows gas prices are in fact at 50-year lows: 
And because people want to be sure data sources are accurate, here's another inflation-adjusted, real-and-nominal #gasprices chart from the EIA. Again, today we are nowhere near the real-price peaks under Reagan, GWB, and Obama:
Even with #gasprices flat in real terms, they would be even lower if not for states having to increase #gastaxes to pay for federal mandates whose funding was gutted by TFG's tax cuts for the rich, per non-partisan @CenterOnBudget. Chart courtesy of @TaxFoundation and the API.
But accurate, inflation-indexed data doesn't fit within the convenient narrative of breathless "President in Peril" headlines hawked by mainstream media, who have stopped asking the "Yeah, but..." questions and ignore that gas prices are more tied to supply/demand than politics.
So the next time you talk about gas prices to your readers and viewers, please use historical data instead of histrionic b-roll of the local gas station. Looking at you @maddow @chucktodd @GStephanopoulos @DonLemonTonight @chrislhayes @Lawrence @Lebeaucarnews @thenewsoncnbc
So far, the only media report that shows this scenario correctly was @BorensteinS in a @washingtonpost column. Read and learn, journalists: washingtonpost.com/outlook/2021/1…
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