News

US energy producers roast Biden for urging companies to cut gas prices

The US Oil & Gas Association met President Biden after he tweeted Saturday that “companies that operate gas stations” should simply “lower the price you charge at the pump” and told him to “please make sure.” that the WH intern who posted this tweet is signing up for Econ 101 for the fall semester.”

“I’m working on it, Mr. President. In the meantime – have a happy 4th and please make sure the WH intern who posted this tweet signs up for Econ 101 for the fall semester…” he tweeted.

On Sunday, Biden tweeted that “companies that operate gas stations” should take note that “this is a time of war and global danger.”

“My message to the running companies gas stations and setting prices at the pump is simple: This is a time of war and global danger,” Biden tweeted Saturday. “Lower the price you charge at the pump to reflect the cost you pay for the product. And do it now.”

Biden’s tweet comes as gas prices across the country average $4.812, up 5 cents from a month ago. In some federal states, however, the prices are significantly higher.

In California, the average price per gallon of gasoline is $6,244 and in Illinois, $5,325.

Biden has attempted to shift the blame for the rise in gas prices onto Russian President Vladimir Putin, calling it “Putin’s price hike,” a term used repeatedly by the White House despite his campaign promise always taking responsibility and not blaming others.

Biden’s call to action follows a failed Oval Office proposal to introduce a 90-day gas tax holiday, which was even rejected Democratic lawmakers as failed.

AAA gas prices
Gas prices average $4,812 statewide, but prices are much higher in some states.
AAA

During the presidential campaign, Biden vowed to sacrifice the energy boom, low prices and even jobs for his green agenda.

During the December 2019 Democratic debate, moderator Tim Alberta asked, “Three consecutive American presidents have experienced periods of explosive economic growth fueled by booms in oil and natural gas production. As President, would you be willing to sacrifice some of that growth, even though you might know it could displace thousands, maybe hundreds of thousands, of workers in the interest of the transition to that greener economy?

“The answer is yes,” said the former vice president.

Biden canceled the Keystone XL pipeline, which would have shipped about 870,000 barrels of oil per day from Canada to refineries in Texas, and “paused” oil and gas leases on federal land during his first few hours in office. Texas Gov. Greg Abbott recently warned of an arbitrary rule by the Environmental Protection Agency that, if imposed, would send gas prices even higher.

Mobil gas station sign with high gas prices
“Lower the price you charge at the pump to reflect the cost you pay for the product. And do it now,” Biden tweeted.
Getty Images/Lindsey Nicholson

Biden has alternated between accepting high gas prices as the price of an “incredible transition” to a “green” economy, blaming Vladimir Putin, blaming energy producers, and now gas station owners who earn just pennies a gallon gas they sell.

https://nypost.com/2022/07/03/us-energy-producers-roast-biden-for-demanding-companies-to-lower-gas-prices/ US energy producers roast Biden for urging companies to cut gas prices

JACLYN DIAZ

USTimeToday is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@ustimetoday.com. The content will be deleted within 24 hours.

Related Articles

Back to top button