Posted on 05/24/2024 9:37:14 AM PDT by BradtotheBone
Congressional Democrats on Thursday accused oil companies of inflating the cost of gasoline and vowed to investigate them, pushing back on who's to blame for rising prices hurting President Joe Biden's reelection chances.
Senate Majority Leader Chuck Schumer and other top Democrats were flanked by supporters in matching blue shirts holding signs that read, "Stop gouging us at the pump."
Schumer criticized recent billion-dollar oil company mergers, such as one between ExxonMobil and Pioneer Natural Resources, as potentially "disastrous for consumers."
He said previous mergers in the industry decreased competition and led to higher prices.
Schumer said he had already called on the Federal Trade Commission to investigate the mergers and would urge the Justice Department to look into possible collusion and price fixing.
"The federal government must use every tool at our disposal to investigate the oil industry," he said.
Schumer also claimed former President Donald Trump offered oil industry CEOs $1 billion in exchange for a reversal of President Joe Biden's climate policies if Trump were reelected, an accusation Rhode Island Democratic Sen. Sheldon Whitehouse repeated.
(Excerpt) Read more at abcnews.go.com ...
Taxes are the biggest part of gasoline costs
will they cut those to help lower the price? Doubtful.
What about people wearing glasses? Have they started going after people wearing glasses yet?
ROFL!!!
That's how you know they're full of barnyard stuff ...
Yep, funny they don't talk about that.
They’re as full of shite as a Christmas goose.... spit.
I thought they would want higher gas prices to combat “Climate Change”, can’t they make up their minds?
Like all totalitarians the RATs blame businesses for the failures of RAT economic policies.
My idiot congressman (a Democrat) has been running ads condemning shrinkflation. And if he’s re-elected, then by golly he’s going to make shrinkflation illegal.
Free markets = bad
Central planning = good
Central planning has of course never worked. But, hey. There’s always a first time.
Yes, taxes are a big part of it that they don’t want to talk about. Shell 91 is 70 cents cheaper in SC, a red state versus here in MD, a blue state where the governor is trying to emulate Gavin Newsom and turn MD in to the CA of the east coast. Can’t wait to move to SC full time.
If inflation is caused by corporate greed, why were they not so greedy when Trump was president? Or Obama?
Lol. The Dems are idiots. Like spoiled children. No logic, now ownership. It is everyone elses fault. Blah Blah Blah.
I guess that it is our fault for holding them to account.
And if gas prices were low with Trump, they would say he’s contributing to Global Warming.
This time it's deliberate economic warfare against the people.
Stupid, retarded RAT bass turds are too dumb to know THEY and their RAT “president” are the reason for high gas prices. Damn those people are dumb! Who they hell votes for them anyway.
Wow. Who didn’t see that coming?
It is an annual rite among Leftists.
The biggest part of petroleum product pricing is abusive government policies and regulations. Excessive taxes which then do not actually go to roads. Unjustified mandates like ethanol from the EPA actually hurt the environment and consumers. Global warming nonsense making refiners purchase fictious carbon credits. The list of abusive unjustified government policies seems to have no end.
Demonrats: insanely stupid and delusional.
EVs should not be allowed on roads for which they pay no gas tax.
Projecting and deflecting.
Democrats - enact policies making energy extraction difficult and expensive, in addition to high fuel taxes.
Also Democrats - blame someone else for high fuel prices
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