Posted on 06/15/2022 1:56:12 PM PDT by ChicagoConservative27
The White House on Wednesday accused American oil companies of using the war in Ukraine to achieve record profits, urging them to produce more gas.
White House press secretary Karine Jean-Pierre began the daily press briefing by pointing out that oil companies continued to make record profits while prices continued to climb.
(Excerpt) Read more at breitbart.com ...
my guess is they are pumping pretty much all they can at todays prices.. why wouldn’t they?
the only one capable of producing more gas is Slow Joe.. Just ask the Pope.
Stupid is as stupid does
Oil Companies get the Oil not the gasoline so they make money on oil , poor Joe gets it wrong again
Remember. They never let a crisis go to waste. Since all heck’s breaking loose on a hundred fronts anyway, let’s demolish our fossil fuel industry in service of the green god. How predictable.
Coming soon—blaming consumers for being “greedy” and “hoarding” and demanding they “sacrifice” out of “patriotism”.
If it looks like fascism and smells like fascism it is fascism.
This is beginning to remind me of those parody videos of Hitler in the Bunker. Biden’s rants should provide a lot of material.
Brandon discovers Supply and Demand.
Now THAT is funny!
What percentage of the price of a gallon of gas is profit to the oil company, compared to the percentage of the price that goes to taxes?
And why doesn’t Biden and Harris admit their error and undo the damage they’ve done since taking office? They could reverse every action, then resign.
Wait. I thought it was Russia’s fault that gas prices are so high.
Typical rat move. Break the companies legs and criticize them for not walking.
I thought we didn’t want more oil and gas? He said so on the campaign trail - and enacted orders to cripple the same.
Now he’s making these comments to try to deflect the results of his policies onto the dreaded evil oil companies.
If only the oil companies could produces as much gas as the DC Swamp produces hot air we would be energy rich.
Produce more gas because its not a fossil fuel....oh wait...
Their profit margin is the same, year in, year out.
They are making record profits in terms of actual $$ ‘cause the Beijing Biden admin has decreased production — increasing total price.
Anyone who listens to the Muppet and believes anything that airhead has to say on economics of anything is more of an idiot that the one installed into the WHOuse.
In the final moments of Thursday night’s primetime showdown in Nashville, Mr Trump asked his challenger: “Would you close down the oil industry?”
“I would transition from the oil industry, yes,” responded Mr Biden, adding, “because the oil industry pollutes significantly”.
—
Pepperidge Farm Remembers
https://www.bbc.com/news/world-us-canada-54670269
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