Posted on 09/17/2021 8:39:48 AM PDT by george76
The Biden administration is looking into prices at the pump and why they are higher than they are supposed to be.
“There’s lots of evidence that gas prices should be going down -- but they haven’t,” President Joe Biden said on Thursday, as quoted by Bloomberg. “We’re taking a close look at that.”
“We’re also going after the bad actors and pandemic profiteers in our economy,” the U.S. president also said.
U.S. gas prices have risen by as much as 50 percent since the start of the year. Earlier this week, the average reached $3.19 per gallon, Bloomberg noted, citing data from the AAA, which is the highest since October 2014. The reason for the rise appears to be a strong rebound in fuel demand as the U.S. reopened after pandemic lockdowns. Still, the Biden administration has signaled it had its suspicions about other factors at play.
...
last month, the Biden administration called on OPEC+ to boost oil production in order to help U.S. retail gas prices to fall. The call caused a sour reaction in Alberta, which is the biggest supplier of foreign oil to the United States, and no reaction from OPEC+.
(Excerpt) Read more at oilprice.com ...
“The Biden administration is looking into prices at the pump and why they are higher than they are supposed to be.”
You only have to use a mirror Joe.
“...and why they are higher...”
Dumshit caused it.
Says the moron who spent an entire six months of his life working for the private sector and probably couldn't pass an Economics 101 course at a junior college.
Gouging = people notice the price increase and yearn for a real president to come back.
“We are governed by feckless imbeciles”
Collectively, we are feckless imbeciles.
My very first thought, too, when I read that headline. The poor BB could be forced out of business by Biden World Reality.
Logic again...
Stop that, you racist homophobe!!
Any 12 yr old can tell you why. Why do we always need multi year studies for common sense solutions.
Create a problem and then investigate the cause of the problem.
Quite the business plan ya got there, Joseph Stolen.
Current gas prices also include what the market feels about the future. They are not optimistic.
Bwahahahahahahaha...
Humor break
Joe, just look into a mirror to see why gas prices are up!
I was waiting after Labor Day to do my once a quarter fill up on my Honda Ridge line, when prices went lower.
They have increased and now run from $4.25 to 4.55 per gallon.
So thanks, Joe, Dems in Congress, Rinos and Governor Gruesome.
Just a cover story, they will go after the energy industry.
They want to give those trillions to themselves and their green company friends while at the same time weakening America strategically and lowering our standard of living.
All with the end result being a one world authoritarian oligopoly with a common people serfdom too weak to do anything about it, and an elite desperately trying to extend the lifetimes of a few through transhumanism.
They always have the opposite intentions of what are stated. This is to help the little guy, right. No, it’s to ultimately destroy him.
Yep. Game plan:
• He will beat that drum a while
• The MSM will dutifully pick it up and amplify it
• The liberal kook sheeple will lap it up
Soon we'll be hearing from all quarters how evil capitalist corporations are oppressing the poor downtrodden plebes with price gouging and the only solution is either nationalizing the oil industry or communism.
Or both.
Shortest probe in history: Biden shut down the pipelines and started buying oil from other countries.
Not rocket science.
That’s exact question I was going to ask.
Only 50% ??? Must be nice.. Locally the price doubled...
LOL——That’s like the mafia probing into accidental deaths of their enemy.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.