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Deputy Treasury Sec’y: ‘Gas Prices Should Continue Coming Down,’ Gas Station Owners Should Lower Prices
bre ^ | 10/8/2022 | Ian Hantchett

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 ...


TOPICS: Business/Economy; Crime/Corruption; Politics/Elections
KEYWORDS: andreamitchell; bidengas; childrenincharge; dumbassery; fidiots; gasprices; oil; thechildrenincharge; wallyadeyemo
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To: rktman

Sure, the same government that wants to destroy gas stations, wants the owners of said gas stations to help them get reelected?


41 posted on 10/08/2022 11:31:41 AM PDT by Jim Robinson (Resistance to tyranny is obedience to God.)
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To: rktman
Some real tough questions thrown at this undersecretary got the planned-for answers, we can assume.

Andrea Mitchell wouldn’t have a job for very long if she went off-script.

NBC/MSNBC/Peacock full of looney leftists.

42 posted on 10/08/2022 11:32:43 AM PDT by logician2u
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To: Right Brother

How about all those Delaware credit card companies lowering their interest rates to below 10%.


43 posted on 10/08/2022 11:33:30 AM PDT by mware
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To: rktman

I wonder what color the sky is in Deputy Treasury Secretary Wally Adeyemo’s world...


44 posted on 10/08/2022 11:35:39 AM PDT by GOPJ (Trump EARNED his money. Money dems have, they steal from taxpayers. It's why they hate Trump.)
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To: Steve_Seattle
Continue coming down? They’ve been rising again.

And rising sharply. They're not even trying hard with the gaslighting.

45 posted on 10/08/2022 11:36:25 AM PDT by Rinnwald
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To: rktman

BS Alert! Saudi’s are reducing production not increasing it.


46 posted on 10/08/2022 11:39:20 AM PDT by ThePatriotsFlag (When Ashli Babbitt’s video-taped murderer Michael Byrd is indicted, I’ll start paying attention.)
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To: rktman
there have been “historic spreads between the cost of crude oil and the cost that’s being paid at the pump.

If you don't count the costs of transportation, refining. ....

47 posted on 10/08/2022 11:40:03 AM PDT by ding_dong_daddy_from_dumas (Re-imagine the media!)
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To: rktman
Well...Wally. You be wrong....But you have a GOBMENT job..with portly Wally like benefits...

So Wally enjoy it while you can!!

48 posted on 10/08/2022 11:43:12 AM PDT by Osage Orange
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To: TexasGator

That’s what happens when supply is reduced by 2 million barrels a day.


49 posted on 10/08/2022 11:44:20 AM PDT by Night Hides Not (Remember the Alamo! Remember Goliad! Remember Gonzales! Come and Take It!)
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To: CFW

Good points. It appears Biden stripped our reserves and now he only wants lower gas prices through the mid-term election. Sad as heck as Biden has trashed our military plus loaded our USA with non-citizens. I say hang Biden and Obama and their relatives here.


50 posted on 10/08/2022 11:44:28 AM PDT by Lumper20 (nd )
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To: Mr Ramsbotham; lowbridge

I strongly recommend you consult lowbridge, he’s the SME when dealing with African royalty. lolol


51 posted on 10/08/2022 11:46:23 AM PDT by Night Hides Not (Remember the Alamo! Remember Goliad! Remember Gonzales! Come and Take It!)
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To: Rinnwald
"They're not even trying hard with the gaslighting."

I've never seen such a level of gaslighting as in the last two or three years. It almost seems like a deliberate campaign of psychological warfare, i.e., keep lying to people about virtually everything until you utterly break them.
52 posted on 10/08/2022 11:47:12 AM PDT by Steve_Seattle
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To: Night Hides Not

Crude is going up again.....I own some O & G stocks....


53 posted on 10/08/2022 11:47:18 AM PDT by Osage Orange
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To: CFW

Just like elect cars..Plug them in magically they charge, just don’t think about how the whole process works.


54 posted on 10/08/2022 11:51:31 AM PDT by matt04 ( )
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To: rktman

Expect them to go up now.


55 posted on 10/08/2022 11:52:36 AM PDT by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith….)
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To: GrandJediMasterYoda

And the march towards 500 million population world wide will accelaerate. 😠


56 posted on 10/08/2022 11:53:21 AM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this? 😕)
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To: GrandJediMasterYoda

A lot of us are praying for a resounding defeat of the left in Nov.

It will take an act of God knowing the election fraud they intend to engage in yet again.


57 posted on 10/08/2022 11:54:53 AM PDT by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith….)
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To: cableguymn

Home heating oil just went up yesterday.

We need some for this winter and were hoping to get a decent price. Not any more.


58 posted on 10/08/2022 11:55:55 AM PDT by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith….)
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To: mware

At my local station, it went from $3.259 Thursday morning to $3.499 Thursday afternoon to $3.699 Friday morning. Haven’t been by there today. $4.999 was the top a few months back.


59 posted on 10/08/2022 11:57:04 AM PDT by HartleyMBaldwin
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To: rktman

Adeyemo is not even an America - eff’n Nigerian. He never had a job in the private sector. Why do Democrats insist on appointing and then following the advice of people that should never been allowed into America? What magic piece of wisdom based on real-life experience does this guy offer? Zero knowledge of capitalism. Zero knowledge of business. Zero knowledge of real America. Zero experience in anything other than how to enrich himself with taxpayer dollars. Put Wally on a raft and tell him to row back to Africa. He’s not wanted here.


60 posted on 10/08/2022 12:00:54 PM PDT by ConservativeInPA ( Scratch a leftist and you'll find a fascist )
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