Skip to comments.Deputy Treasury Sec’y: ‘Gas Prices Should Continue Coming Down,’ Gas Station Owners Should Lower Prices
Posted on 10/08/2022 11:03:22 AM PDT by rktman
On Friday’s broadcast of MSNBC’s “Andrea Mitchell Reports,” Deputy Treasury Secretary Wally Adeyemo said that the Biden administration thinks gas prices “should continue coming down,” and there have been “historic spreads between the cost of crude oil and the cost that’s being paid at the pump. So, we’re calling on those who own those gas stations to bring down the price.”
Host Andrea Mitchell asked, “Bottom line, can you do anything to bring down gas prices between now and the election a month from now?”
Adeyemo responded, “So, Andrea, we think that gas prices should continue coming down, because we’ve seen historic spreads between the cost of crude oil and the cost that’s being paid at the pump. So, we’re calling on those who own those gas stations to bring down the price. But in addition to that, we’ve already seen that, over the course of this last month, we’ve seen a release of the SPR that has helped to keep prices lower than they were at their highs this summer. And we’re committed to taking every other action that we can to try and bring down prices over the course of the next few days, the next few months, and over the course of the next years because we know how important this is to the American people.”
(Excerpt) Read more at breitbart.com ...
Always someone else’s fault…NEVER the cockeyed energy strategy of the dementia jo administration…
Costs vs prices. I wonder what it ‘costs’ Hunter Biden to create one of his masterpieces. No doubt it is commensurate with what he charges...
““So, Andrea, we think that gas prices should continue coming down, because we’ve seen historic spreads between the cost of crude oil and the cost that’s being paid at the pump.”
I can’t believe the ignorance of those appointed to positions in the Biden administration. Does this person think there is no cost involved in getting the product from point A to point B?
These people are children.
Even and odd fill up days coming soon
If the Marxists attempt to dictate prices, the result will be less Supply.
If you can’t trust a Nigerian, who can you trust?…
These people have no idea how things work. Stalin and Mao did the same thing. Just give the order and it should happen that way.
Fact is gas stations make very little selling gas.
I just love it when the states say...no state tax for a while...like the people from Uranus are paying the difference.
I’d be surprised if Andrea Mitchell actually knew what a “gas pump” is...
It’s more that obvious that we pay these so-called “public servants” way too much money and give them far to many perks.
We need to roll that crap back.
Another clueless federal critter who has no idea how the world actually operates.
After the election the price will begin to skyrocket. The left wants the price as high as it can go. They are only attempting to tame the price now because of the election.
I think it has to do with her digestive tract…..
IIRC 6 to 10 cents on a gallon. Anyone? Bueller?
Oil up 15% yesterday.
The Hugo Chávez price control system that puts everyone out of business
Gas station owners should say “Yeah, we will lower prices when the Deputy secretary takes a pay cut”
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