President Joe Biden warned American oil companies on Wednesday not to raise prices on gasoline, in anticipation of Hurricane Ian hitting Florida. “Do not. Let me repeat. Do not. Do not use this as an excuse to raise gasoline prices or gouge the American people,” Biden said sternly during an event in Washington, DC. Biden said the price of oil “remained relatively low” and there was no reason for prices to go up, even though oil companies have evacuated offshore oil and natural gas fields in the Gulf of Mexico in anticipation of the storm. The storm is expected to...
