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Congressional Democrats slam oil executives over gas prices
ABC News ^ | May 23, 2024 | Caleigh Bartash

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 ...


TOPICS: Business/Economy; Front Page News; Government; Politics/Elections
KEYWORDS: centralplanning; classwarfare; economy; fuel; regulations; taxes
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To: BradtotheBone
Congressional Democrats slam oil executives over gas prices

How totally unexpected.

The million gallons babblin' biden stole from the strategic
reserve must not have lowered pries enough.

21 posted on 05/24/2024 10:07:59 AM PDT by chief lee runamok ( Le Flâneur @Large)
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To: BradtotheBone

America misses $1.80/gal, no inflation, wars, or border invasions.


22 posted on 05/24/2024 10:08:18 AM PDT by bray (It's not racist to be racist against races you do not like.)
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To: FlingWingFlyer

Oh, they know. They’re just practicing diversion.


23 posted on 05/24/2024 10:09:56 AM PDT by Flaming Conservative ((Pray without ceasing)
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To: DennisR

“..Demonrats: insanely stupid and delusional...”

That’d be them!!!
Should be prohibited from politics all together....better yet; ship em all off to Cuba or some other communist craphole. They’d be waaaay much happier there....lol.
What gets me is that they think they’re sooooo much smarter and better than anyone else. They think they’re so smart that they gotta control every single facet of everybody else’s lives. What to eat, where to crap, when to crap, what to cook with, what to drive, how much this, how much that, etc....the list is long. But in reality, they’re dumber than a box of rocks (apologies to rocks).
Yeah, stupid and delusional is an apt description.
They need to just shut up, go away and leave everyone else alone.


24 posted on 05/24/2024 10:10:02 AM PDT by lgjhn23 ("On the 8th day, Satan created the progressive liberal to destroy all the good that God created..." )
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To: BradtotheBone

How much oil stock do Congressional Dems own?


25 posted on 05/24/2024 10:10:38 AM PDT by mewzilla (Never give up; never surrender!)
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To: PGR88

Also, the regulations calling for fees upon methane gas upon the refineries is an additional cost being passed along to the consumer.
Our country was built upon cheap oil. Our GDP should be measured in BTU and no one else in the world has used fossil fuel units more efficiently than the US.


26 posted on 05/24/2024 10:12:47 AM PDT by griswold3 (Truth, Beauty and Goodness. )
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To: BradtotheBone

Of course they do.

Tried and true, rinse and repeat . . .


27 posted on 05/24/2024 10:25:11 AM PDT by MCSETots
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To: BradtotheBone

Puppet Biden has his troglodyte Federal Reserve printing $7 trillion out of thin air, which has severely debased the currency.

Gasoline prices have not gone up, instead it’s the dollars purchasing power that has gone way down!


28 posted on 05/24/2024 10:25:49 AM PDT by Flavious_Maximus (Tony Fauci will be put on death row and die of COVID!)
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To: rigelkentaurus

Yep. Cut taxes, get out of the way, and let the oil companies get busy producing. Bet the price of all oil products would come way down, not just gasoline.


29 posted on 05/24/2024 10:33:20 AM PDT by HartleyMBaldwin
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To: BradtotheBone
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.

Once again Trump's maladroit phrasing gets him in trouble. Because of the clumsiness of wording, his statements can easily be twisted.

30 posted on 05/24/2024 10:36:10 AM PDT by nwrep
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To: PGR88

“ Taxes are the biggest part of gasoline costs”

My red state is $2.98 for reg unleaded and something called 88 (octane) is $2.88. I run the good stuff and a high octane alcohol mix


31 posted on 05/24/2024 10:36:46 AM PDT by NWFree (Sigma male 🤪)
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To: NWFree

Blue 88


32 posted on 05/24/2024 10:37:11 AM PDT by NWFree (Sigma male 🤪)
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To: BradtotheBone

This was their goal … started back with 44. (2012)

“ “There’s one promise he’s kept. One promise he’s kept,” Mitt Romney said on the campaign trail in Illinois last month. “When he campaigned, he said he wanted to raise the price of gasoline. He said that under him, energy costs would skyrocket. And then he brought in a trio of people to help him implement those policies,” Romney said, according to several news outlets ”

“ If somebody wants to build a coal-fired power plant, they can. It’s just that it will bankrupt them,” Obama said, responding to a question about his cap-and-trade plan. He later added, “Under my plan … electricity rates would necessarily skyrocket.”

“ Under my plan … electricity rates would necessarily skyrocket.”

https://www.politico.com/story/2012/04/uttered-in-2008-still-haunting-obama-in-2012-074892


33 posted on 05/24/2024 10:48:09 AM PDT by HollyB
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To: BradtotheBone

The left insists most Americans are ignorant and will believe the nonsense they push. They’re convinced of this.

Americans are just not as completely ignorant as the left believes. Most Americans are well aware of why prices are so high, and they understand this BS started when FJB started issuing his executive orders.

The only retards who believe this BS are already voting for Biden.


34 posted on 05/24/2024 10:55:18 AM PDT by Pox (Eff You China. Buy American!)
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To: nwrep

The only morons who buy into that characterization are already voting for Biden.


35 posted on 05/24/2024 10:57:02 AM PDT by Pox (Eff You China. Buy American!)
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To: Leaning Right

Democrats love jobs. They just hate business.

As to idiocy and Democrats; re. my tagline.


36 posted on 05/24/2024 10:57:40 AM PDT by jmacusa (Liberals. Too stupid to be idiots.)
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To: BradtotheBone

Congressional Democrats slam oil executives over gas prices

\/

thats how lefty green commie and assorted bully loons say

” quit hitting youreself “

as they grab your hand and slap you with it.

spit.

scum
bags

.


37 posted on 05/24/2024 11:04:40 AM PDT by cuz1961
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To: BradtotheBone

Ha! What the heck do Democrats know and understand about energy, energy production, energy distribution, meeting energy needs during peak minutes/hours/days, energy base load, etc.

Democrats are woefully ignorant about most issues.


38 posted on 05/24/2024 11:08:11 AM PDT by Chgogal (To paraphrase Biden: You vote Democrat? You ain't smart.)
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To: Pox
The only morons who buy into that characterization are already voting for Biden.

That is a comforting but flawed apologue.

39 posted on 05/24/2024 11:10:32 AM PDT by nwrep
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To: BradtotheBone

Look in the mirror, dems.

Just WHO canceled the Keystone pipeline and WHO is restricting drilling and oil production?


40 posted on 05/24/2024 11:11:03 AM PDT by metmom (He who testifies to these things says, “Surely I am coming soon.” Amen. Come, Lord Jesus…)
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