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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

Gas jumped over 20 cents a gallon here in Ocala FL two days ago. Now it’s $3.04. Thanks Biden and Dems!!


61 posted on 09/17/2021 9:24:32 AM PDT by jeffc (I'm a Patriot, and the media are our enemy)
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To: Nateman

Biden will blame Trump for the high gas prices, denounce the petroleum companies, declare a war on big oil (with new restrictions and taxes), promise everyone an electric car, and his idiot voter base will applaud.


62 posted on 09/17/2021 9:30:22 AM PDT by Wilhelm Tell (True or False? This is not a tag line.)
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To: george76

to Biden: Save time! Look in the mirror.


63 posted on 09/17/2021 9:30:49 AM PDT by Richard Axtell (As if.)
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To: george76

“””“There’s lots of evidence that gas prices should be going down — but they haven’t,””””


Sorry Joe, the evidence that gas prices should even be higher than they are today are ‘trumped’ by any evidence you can come up with.

Joe and friends enjoy the result of issuing anti-oil and coal edicts.


64 posted on 09/17/2021 9:31:53 AM PDT by Presbyterian Reporter
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To: george76

I have never saw gas prices go up in the summer.


65 posted on 09/17/2021 9:32:25 AM PDT by pas
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To: george76
Biden and pals promote pipelines for the Taliban and Russia while killing those from which the United States could benefit.

And virtually no one in the country knows this was done.

66 posted on 09/17/2021 9:36:19 AM PDT by Republican Wildcat
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To: george76

Look in the mirror.


67 posted on 09/17/2021 9:37:03 AM PDT by robel
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To: sappy

We don’t know, but we need lots of money to find out.


68 posted on 09/17/2021 9:37:32 AM PDT by Tommy Revolts
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To: ProtectOurFreedom
....The stupidity is so far off charts it's floating out around Pluto.

Not stupidity. Evil. Pure evil. They know what they doing.

69 posted on 09/17/2021 9:38:06 AM PDT by Nateman (If the Left is not screaming , you are doing it wrong.)
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To: george76

Launch!

Probe!

Soaring!!!!


70 posted on 09/17/2021 9:38:47 AM PDT by Fury
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To: george76

Morons on parade...


71 posted on 09/17/2021 9:44:18 AM PDT by DoughtyOne (Biden = Green Light to > China, N. K., Russia, M/E Terrorists, FBI, CDC, MSM, & the Left...)
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To: george76
Biden will investigate why oil companies will be making a windfall profit, while simultaneously ignoring the windfall profit that the pharmaceutical companies are making.

-PJ

72 posted on 09/17/2021 9:47:27 AM PDT by Political Junkie Too ( * LAAP = Left-wing Activist Agitprop Press (formerly known as the MSM))
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To: Nateman

“They know what they doing.”

Yes, everything they are doing is a planned part of “The Great Reset” or “New World Order” or communism. No doubt about it.

Nothing they did in Afghanistan was a simple “mistake.” Even bringing in thousands of Afghan refugees is part of the “browning” of America. Turning over $100 billion of sophisticated military gear to our enemies wasn’t a mistake.


73 posted on 09/17/2021 9:48:13 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

Once again it is blatant lies in our faces. They do it out in the open and people just put up with it. 😡


74 posted on 09/17/2021 9:49:46 AM PDT by vpintheak (Live free, or die!)
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To: george76

I am surprised the Biden admin hasn’t drained US oil reserves like Obama and Clinton did. Maybe Bidenbot is waiting until closer to the midterm election.


75 posted on 09/17/2021 10:02:22 AM PDT by piasa (Attitude adjustments offered here free of charge)
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To: george76

perhaps they should all look in the mirror first. bunch of dumbasses


76 posted on 09/17/2021 10:08:30 AM PDT by Chickenhawk Warmonger (I would give my right arm for a mean tweet right now)
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To: george76
We’re also going after the bad actors and pandemic profiteers in our economy...

Wreckers, spies, and saboteurs, Comrades. They're working to undermine the socialist paradise before us.

77 posted on 09/17/2021 10:13:19 AM PDT by Billthedrill
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To: george76

The despicable rats in congress have already scheduled oil execs to appear so they can humiliate them and then extort money for the green scam


78 posted on 09/17/2021 10:14:09 AM PDT by ronnie raygun
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To: george76

Well Joe, start with the usual “it’s what we inherited...”


79 posted on 09/17/2021 10:15:37 AM PDT by jughandle (Big words anger me, keep talking. )
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To: george76
Biden and his commie/rouge/military cabal don't think shutting down our pipeline and moving toward silly 'green alternative' crap had anything to do with this? Or printing too much money? Or paying people to sit home and NOT owrk?

WOW - that's delusional... even more so than the usual for senile snilly...

80 posted on 09/17/2021 10:18:46 AM PDT by GOPJ (Try Milley and his commie cabal for teason - then put them to death. It'll be a lesson for the young)
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