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

"This issue is never the issue."

41 posted on 05/24/2024 11:11:10 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: PGR88

Let’s don’t introduce logic and reality into the conversation. 😀


42 posted on 05/24/2024 11:14:47 AM PDT by Hyman Roth
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To: BradtotheBone

What the execs should is it’s just transitory


43 posted on 05/24/2024 11:15:33 AM PDT by Hyman Roth
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To: Integrityingovt

Come on down to SC. It’s great. I’m in Pawleys Island. 😀


44 posted on 05/24/2024 11:17:19 AM PDT by Hyman Roth
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To: Obadiah

Or maybe conservative people like me who don’t need glasses anymore because I had cataract surgery! Maybe I should be worried about a no-knock raid.


45 posted on 05/24/2024 12:09:26 PM PDT by kawhill (kawhill)
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To: BradtotheBone

You can always tell when they’re not getting enough in bribes


46 posted on 05/24/2024 12:28:49 PM PDT by DPMD (ua)
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To: lgjhn23

You are correct.

Democrats are also evil and TRYING TO DESTROY THIS GREAT COUNTRY.

VOTE,DEMOCRATS OUT.


47 posted on 05/24/2024 12:39:53 PM PDT by Pearfect (Ou can't beat the competition lock them u)
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To: lgjhn23

Democrats think PEOPLE ARE STUPID.

We have HIGH GAS PRICES BECAUSE OF BIDEN AND DEMOCRATS.

WAT WERE GAS PRICES WHEN WE HAD PRESIDENT TRUMP.


48 posted on 05/24/2024 12:42:28 PM PDT by Pearfect (Ou can't beat the competition lock them u)
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To: chief lee runamok

The USA uses 8 MILLION BARRELS of oil every day.


49 posted on 05/24/2024 12:59:21 PM PDT by ridesthemiles (not giving up on TRUMP---EVER)
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To: BradtotheBone

It is the exact same playbook the damocrats always run. Their policies cause problems, but they then blame others for the problems. Limiting drilling and limiting refining (democrat policies) are going to raise prices but of course it is the evil oil companies at fault cause they won’t give the fuel away. Democrats are pure scum.


50 posted on 05/24/2024 1:21:46 PM PDT by falcon99 ( )
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To: BradtotheBone

Rats have tried this tactic in the past….. never works.


51 posted on 05/24/2024 1:24:48 PM PDT by wardamneagle
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To: PGR88

52 posted on 05/24/2024 2:06:11 PM PDT by CDB
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To: lgjhn23

Yes! 👍🏻👍🏻


53 posted on 05/25/2024 2:03:18 AM PDT by DennisR (Look around - God gives countless clues that He does, indeed, exist .)
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