Our President is so desperate now after seeing his approval rating plummet....
I remember Biden saying:
OPEC+ do not pump more oil and Americans have to pay high gas price. This is not RIGHT.
The largest US energy companies are making billions of $$$ and pay high dividends and buy back shares. And American consumers pay high gas price. This is not RIGHT.
Biden is calling for the world's largest economies like China, Japan and India to release SPRs to lower global oil price....
But other than talking, Biden has not done a single thing to lower energy price. The same goes with DOE. Never any action. Not even a single barrel oil from huge US SPR.
100% policy failure.
WASHINGTON—President Biden called on the Federal Trade Commission to investigate whether oil-and-gas companies are participating in illegal conduct aimed at keeping gasoline prices high, in the latest effort by the White House to respond to public concerns about costs for everything from fuel to groceries.
Outside analysts expressed skepticism that the FTC would find enough evidence to substantiate Mr. Biden’s allegations, and they said the president has few options for quickly lowering gasoline prices.
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https://www.wsj.com/articles/biden-...-gas-prices-high-11637164142?mod=hp_lead_pos1
I remember Biden saying:
OPEC+ do not pump more oil and Americans have to pay high gas price. This is not RIGHT.
The largest US energy companies are making billions of $$$ and pay high dividends and buy back shares. And American consumers pay high gas price. This is not RIGHT.
Biden is calling for the world's largest economies like China, Japan and India to release SPRs to lower global oil price....
But other than talking, Biden has not done a single thing to lower energy price. The same goes with DOE. Never any action. Not even a single barrel oil from huge US SPR.
100% policy failure.
WASHINGTON—President Biden called on the Federal Trade Commission to investigate whether oil-and-gas companies are participating in illegal conduct aimed at keeping gasoline prices high, in the latest effort by the White House to respond to public concerns about costs for everything from fuel to groceries.
Outside analysts expressed skepticism that the FTC would find enough evidence to substantiate Mr. Biden’s allegations, and they said the president has few options for quickly lowering gasoline prices.
----------------------------
https://www.wsj.com/articles/biden-...-gas-prices-high-11637164142?mod=hp_lead_pos1
