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Biden Administration Launches Probe Into Soaring Gasoline Prices
Oil price ^ | Sep 17, 2021 | Charles Kennedy -

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 ...


TOPICS: Business/Economy; Canada; Crime/Corruption; Extended News; Germany; Government; News/Current Events; Politics/Elections; Russia
KEYWORDS: gas; gasoline; gasprices; gazprom; germany; idunno; keystone; keystonepipeline; nordstream; nordstream2; notthebabylonbee; oil; oilproduction; opec; pipeline; pipelines; playingdumb; prices; saudiarabia
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To: george76

This is just more noise that they are generating to cause further confusion. This is intentional to draw the Fake News watching American publics short attention span away from Afghanistan, Treason, Sedition and growing covid-shot deaths and injuries.


41 posted on 09/17/2021 8:57:16 AM PDT by monkeypants (It's a Republic, if you can keep it.)
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To: george76
"There’s LOTS of evidence that gas prices should be going down..."

OK, name just ONE bit of evidence. Just ONE will do.

42 posted on 09/17/2021 8:57:55 AM PDT by ProtectOurFreedom ("If I’m going to get my political views from those who chase balls, I’ll ask my dog.")
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To: george76

Someone should probe what’s left of Biden’s brain.


43 posted on 09/17/2021 8:59:00 AM PDT by Baldwin
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To: george76

RATS aren’t smart enough to understand the business model of a lemonade stand...


44 posted on 09/17/2021 9:00:10 AM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. P144:1)
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To: george76

45 posted on 09/17/2021 9:00:34 AM PDT by lowbridge
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To: Nateman

[[Usual pattern. Cause a problem, Blame it on someone else, use it as an excuse for more power and taxes]]

Bingo. I believe it is straight fro. The “rules for radicals” playbook isn’t it?


46 posted on 09/17/2021 9:01:13 AM PDT by Bob434
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To: george76
The Dems have been arguing for DECADES that we need high energy prices to reduce CO2 emissions and fight global warming. To force prices higher, they implemented "cap and trade" programs around the nation to trade CO2 credits.

Then, when they finally get their decades-long wish, what do they do? They decry those same high prices they fought for and look for culprits.

The stupidity is so far off charts it's floating out around Pluto.

47 posted on 09/17/2021 9:02:43 AM PDT by ProtectOurFreedom ("If I’m going to get my political views from those who chase balls, I’ll ask my dog.")
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To: george76
Dear Joe, I say this in all honesty and sincerity, are you really sh*tting me with this nonsense? The entire world knows you immediately shut down the XL pipeline while approving the Russian pipeline. Plus, you shut down exploration and drilling on federal lands.

PRESIDENT DONALD TRUMP brought the USA to energy independence. Now were back to square one and you wonder why. Do you ever question what your behind scenes HANDLERS instruct you to do? With your childish hatred of Bad Orange Man, you've managed to screw up every positive domestic and foreign policy that was working.

Last thought Mr. Pretend President. We all saw you look at your watch numerous times at the return of our brave young men and women. ALL YOU HAD TO DO IS FOLLOW TRUMP'S DEAL WITH THE TALIBAN ON MAY 1ST AND THE FIASCO OF KABUL WOULD NOT HAVE HAPPENED. YOU WILL FOREVER OWN THAT DEBACLE.

48 posted on 09/17/2021 9:02:48 AM PDT by A Navy Vet (USA Birth Certificate - 1787. Death Certificate - 2021. )
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To: RinaseaofDs

You should send them your $500,000 invoice for your research and report.


49 posted on 09/17/2021 9:03:15 AM PDT by ProtectOurFreedom ("If I’m going to get my political views from those who chase balls, I’ll ask my dog.")
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To: george76

Biden: “The buck stops here. Except it’s Trump’s fault. And people who don’t take the vax. And eeeevill corporations.”


50 posted on 09/17/2021 9:04:01 AM PDT by Hazwaste (Socialists are like slinkies. Only good for pushing down stairs.)
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To: george76
Biden Administration Launches Probe Into Soaring Gasoline Prices

Biden will start by probing all little girls in America, and expand the probes from there.

51 posted on 09/17/2021 9:04:18 AM PDT by Navy Patriot (Celebrate Decivilization)
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To: george76

The investigation is to determine why prices have not spiked to over $10 a gallon as planned.


52 posted on 09/17/2021 9:05:29 AM PDT by fireman15
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To: ProtectOurFreedom
"The poor BB could be forced out of business by Biden World Reality."

LOL. Good line.

53 posted on 09/17/2021 9:06:40 AM PDT by A Navy Vet (USA Birth Certificate - 1787. Death Certificate - 2021. )
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To: Ann Archy

Dang, beat me to it.


54 posted on 09/17/2021 9:07:31 AM PDT by SkyDancer (How Can I Ask For Forgiveness If I Won't Forgive Others?)
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To: george76

They should hire Bill O’Reilly. He was a public idiot over this topic. Almost as dumb as Biden trying to figure out why energy costs are rising at ridiculous rates.


55 posted on 09/17/2021 9:09:58 AM PDT by volunbeer (Find the truth and accept it - anything else is delusional)
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To: george76

Maybe it’s all of those gas powered generators used to charge the E.V.’s.


56 posted on 09/17/2021 9:10:16 AM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: george76

An honest investigation would reveal Congress and himself to blame.


57 posted on 09/17/2021 9:11:33 AM PDT by Revel
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To: Singermom
"Any 12 yr old can tell you why. Why do we always need multi year studies for common sense solutions."

Yup, a kid at a lemonade stand figures out supply and demand. Too much demand, get more lemons. Too little demand lower prices. As for multi-year studies, since when did common-sense fit into their equations or anything anymore?

58 posted on 09/17/2021 9:16:16 AM PDT by A Navy Vet (USA Birth Certificate - 1787. Death Certificate - 2021. )
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To: unixfox

you will be closer to the answer revealed... all the gas powered cars need to be replaced by EV asap

moving up the 50% by 2050 to 2020


59 posted on 09/17/2021 9:17:30 AM PDT by teeman8r (Armageddon won't be pretty, but it's not like it's the end of the world or something)
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To: Yo-Yo

Indeed Biden is to stupid to understand his own actions it just keeps getting worse by the day.

Stock market diving inflation leaving Americans to be murdered by the Taliban open border .....................

No wonder his brain scan only shows a blue screen


60 posted on 09/17/2021 9:23:05 AM PDT by Vaduz (women and children to be impacIQ of chimpsted the most.)
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