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Warren [] : ‘We’re Going to Be on’ Oil Companies, ‘Profit Margins Should Not Go Up’
breitbart ^ | 8 Mar 2022 | IAN HANCHETT

Posted on 03/08/2022 1:49:26 PM PST by MarvinStinson

Lieawatha Pushes Conspiracy ‘Gouging’ Causing Bidenflation

On MSNBC’s “Andrea Mitchell Reports,” Sen. Elizabeth Warren (D-MA) reacted to President Joe Biden’s ban on U.S. imports of Russian oil and gas by stating that Congress should monitor the profits of oil companies and “profit margins should not go up. That’s just oil companies gouging when they do that. So, we’re going to be on them on this.”

After Warren praised the Russian oil ban as “the right thing to do” to put economic pressure on Putin, host Andrea Mitchell stated, “Now, to try to soften the blow at the pump, the blow on consumers at this inflationary time, the president also made an appeal directly and an implied threat maybe jawboning to U.S. oil companies to produce more.”

After Mitchell played a clip from Biden’s announcement where he stated that oil companies shouldn’t take advantage of the situation, she asked, “So, should Congress be monitoring profiteering?”

Warren responded, “Absolutely, and actually, we are. I’m co-sponsoring, with Sen. Whitehouse and others, a bill on a windfall profits tax. Look, we get it, supply and demand, that prices go up. But profit margins should not go up. That’s just oil companies gouging when they do that. So, we’re going to be on them on this.”

(Excerpt) Read more at breitbart.com ...


TOPICS: Crime/Corruption; Government; Russia; US: Massachusetts
KEYWORDS: andreamitchell; breitbart; chechens; chechnya; corrupticrats; demagogicparty; demagogue; elizabethwarren; ianhanchett; lieawatha; massachusetts; mediawingofthednc; partisanmediashill; partisanmediashills; putinsbuttboys; putinworshippers; ronklain; russia; russianaggression; ukraine; warren; zotthekeywordidiot; zottherussiantrolls
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Lieawatha


1 posted on 03/08/2022 1:49:26 PM PST by MarvinStinson
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To: MarvinStinson

BS. Oil Co’s make pennies per gallon. Cut Federal taxes you lying bitch.


2 posted on 03/08/2022 1:50:52 PM PST by albie
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To: MarvinStinson
We’re Going to Be on’ Oil Companies, ‘Profit Margins Should Not Go Up

Cue the 1980's Windfall Profits Tax.

3 posted on 03/08/2022 1:52:46 PM PST by Yo-Yo (Is the /sarc tag really necessary?)
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To: albie

the Dem’s sound a bit desperate here - I thought this was all Putin’s fault


4 posted on 03/08/2022 1:53:06 PM PST by ghost of nixon
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To: MarvinStinson

How about the government’s profit margin? They rake in plenty for nothing.


5 posted on 03/08/2022 1:53:26 PM PST by fruser1
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To: MarvinStinson

Democrats and oil commodity pricing to dictatorships and theocracies.

We must demand fair trade conflict free oil!

We cannot transition to EVs as a nation for decades.

Good luck trying to find even 100,000 EV‘s available for sale in the nation right now


6 posted on 03/08/2022 1:54:21 PM PST by NoLibZone (Ruling class noticed our total lack of pushback for how the election & Covid was handled.)
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To: MarvinStinson

7 posted on 03/08/2022 1:55:34 PM PST by PGR88
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To: MarvinStinson

Stupid communist beehive. Our FREE-MARKET economy turns on oil and profit. Government should clear all roadblocks.


8 posted on 03/08/2022 1:55:54 PM PST by Jim Robinson (Resistance to tyranny is obedience to God.)
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To: MarvinStinson

TERM LIMITS NOW!!


9 posted on 03/08/2022 1:56:15 PM PST by AFreeBird
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To: MarvinStinson

She should also be on the millions(probably) of government issued vehicles that are being driven around by government employees when they really have ZERO reason to be driving them. The FBI agent investigating some type of Medicaid or Mortgage fraud isn’t running Code 3 in the middle of the night to respond to an incident. Those folks leave their offices about 2 or 3 times a day. Two of them is to go to lunch and the other to go home.


10 posted on 03/08/2022 1:57:58 PM PST by qaz123
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To: MarvinStinson

Same liars, same lies, same suckers.


11 posted on 03/08/2022 1:58:33 PM PST by Born in 1950 (Deprivation and sorrow for centuries.)
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To: Yo-Yo
Cue the 1980's Windfall Profits Tax.

Cue the 1970's wage and price controls. (Thanks DICK Nixon.) Cue gas lines and alternate day rationing.

Government just needs to get out the way.

12 posted on 03/08/2022 1:58:34 PM PST by ConservativeInPA (Scratch a leftist and you'll find a fascist )
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To: MarvinStinson

Nothing less than government take over of companies. Nationalizing production is one of communism’s goals.


13 posted on 03/08/2022 1:58:58 PM PST by dblshot
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To: MarvinStinson

14 posted on 03/08/2022 2:01:40 PM PST by Yo-Yo (Is the /sarc tag really necessary?)
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To: MarvinStinson

Like it was our oil companies that cause the rise in fuel.


15 posted on 03/08/2022 2:02:21 PM PST by SkyDancer ( I make airplanes fly, what's your super power?)
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To: MarvinStinson

Let’s see - when oil prices were low, oil companies LOST money. XOM for example lost money for about 5 straight quarters. If a company is not allowed to money in good times (for them), there is no capital to reinvest in the business and give a return to the owners (shareholders). In other words, we would have a State-run CCP style economy. But, given this is Liewatha, that is the goal.


16 posted on 03/08/2022 2:03:10 PM PST by rigelkentaurus
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To: MarvinStinson

Where’s Hunter? He’s the oil and gas expert.


17 posted on 03/08/2022 2:03:54 PM PST by bigbob
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To: Yo-Yo

I posted two days ago when these gold plated a holes would see a way to get more money to toss around.


18 posted on 03/08/2022 2:04:06 PM PST by Mouton (The enemy of the people is the media )
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To: MarvinStinson

Wait staff makes more in tips at expensive restaurants. Are they profiteering as well?


19 posted on 03/08/2022 2:04:45 PM PST by Vigilanteman (The politicized state destroys aspects of civil society, human kindness and private charity.)
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To: MarvinStinson
All my life Big Oil companies donate to Dims more than Republicans.

All my life Dims implement policies that jack up the price of oil.

All my life Dims pretend they hate Big Oil and expect us to believe it.

20 posted on 03/08/2022 2:05:00 PM PST by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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