in ,

Chief Hypocrite: Biden Slams U.S. Oil Companies For High Gas Prices But Fails To Remember His Own Words And Actions

Source: AP Photo/Susan Walsh

From TownHall.com…

President Biden on Wednesday sent a letter to oil executives blasting them for profiteering off high prices and threatening to use “emergency powers” if they don’t increase output.

“At a time of war, refinery profit margins well above normal being passed directly onto American families are not acceptable,” Biden wrote in a letter to executives at Marathon Petroleum Corp, Valero Energy Corp, Exxon Mobil, Phillips 66, Chevron Corp, BP, and Shell.

 

“There is no question that Vladimir Putin is principally responsible for the intense financial pain the American people and their families are bearing. But amid a war that has raised gasoline prices more than $1.70 per gallon, historically high refinery profit margins are worsening that pain.”

 

 

For the first time, the average price for a gallon of gas in the U.S. surpassed $5, according to AAA. With his approval ratings steadily declining, the letter marks yet another attempt to shift blame for the pain Americans are feeling at the pump.

“Your companies and others have an opportunity to take immediate actions to increase the supply of gasoline, diesel and other refined product you are producing,” Biden continued. “My administration is prepared to use all reasonable and appropriate Federal Government tools and emergency authorities to increase refinery capacity and output in the near term, and to ensure that every region of this country is appropriately supplied.”

Read More

Leave a Reply

Loading…

Left-Wing Indoctrination: Seattle High School Forces Would-Be Student Mentors To Pledge To Left-Wing Ideology

One Of World’s Top Virologist’s Predicts Deadlier COVID-19 Variants On The Way For Those Who Were ‘Vaccinated’