Posted on 11/17/2021 10:29:06 AM PST by MAGA2017
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 a Wednesday letter to FTC Chair Lina Khan, Mr. Biden alleged that there is “mounting evidence of anti-consumer behavior by oil-and-gas companies.” He said gasoline prices are rising even as the price of unfinished gasoline goes down.
“This unexplained large gap between the price of unfinished gasoline and the average price at the pump is well above the pre-pandemic average,” Mr. Biden wrote. “Meanwhile, the largest oil-and-gas companies in America are generating significant profits off higher energy prices.”
The president called on Ms. Khan to “consider whether illegal conduct is costing families at the pump,” asking her to “bring all of the Commission’s tools to bear if you uncover any wrongdoing.”
(Excerpt) Read more at wsj.com ...
Do the vile people controlling the Moron know how ridiculous this makes them all look?
For more commentary on this:
https://freerepublic.com/focus/f-news/4013495/posts
https://freerepublic.com/focus/news/4013523/posts
:-}
It’s those “I did this” stickers on the pumps, Joe. You did this.
Edited for clarity/accuracy.
Every idiot Dem president does the same 2 things to cover for their policies driving up fuel prices. Discuss releasing strategic reserves and investigating the energy companies for price gouging. SOS different moron in the White House.
Oil cos shut down Keystone PL on fedgov order
Oil cos stopped buying leases because not offered by fedgov
oil cos stopped drilling when fedgov shut down the economy 1`8 months ago and sent everyone home, oil price went negative
Next question please.
Hey Biden you moron, it is called supply and demand.
Standard Biden MO.
Look for scapegoats whom he wants to demonize anyway. Blame anyone except himself.
When will he put Harris in charge of managing the oil/gas price mess? LOL.
Gasoline companies must just quit selling fuel to California and Newyork.
Then sit back and watch the marvelous events transpire.
It’s the fault of capitalism that when socialists reduce the volume of oil available to the market and then the price goes up.
Under socialism this would never happen!
See Venezuela!
Taxes on fuel amount to well more than company profits. Check your own backyard, Congress.
Look at yourself in the mirror Biden, you are the cause for high prices.
Joe Numb Nuts, try shutting down even more pipelines. That’ll control the price. Oh, you’ll do whatever your globalist handlers tell you anyway...so never mind, rancid sock puppet.
Let’s Go, Brandon!
Now who has been messing with the supply of oil? Who has been canceling pipelines and restricting access to oil drilling? Who has been intentionally restricting supply? Who has caused tens of thousands of pipeline workers and oil field workers to lose their jobs?
Who, I ask? Who?
Supply and demand is a hard and fast reality, like gravity.
THEY DON’T CARE.
This is all for show to feed the masses they believe are stupid.
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