Joe Biden’s policies are causing gas prices to go through the roof.
His very first act as president was to shut down the Keystone XL pipeline. The Democrats have waged war on fossil fuels relentlessly.
And now, rather than accept responsibility for that, Joe Biden is blaming the oil companies.
The Daily Wire reports:
BREAKING: Biden Attacks Oil Companies Over Gas Prices, Demands Investigation. API Fires Back Hard: It’s Your Ill-Advised Decisions
On Wednesday, President Biden, in yet another effort to place the blame for inflated prices anywhere but on his own shoulders, called for the Federal Trade Commission to investigate major oil and gas companies over rising gas prices, sending a letter to the head of the Federal Trade Commission to call her attention to “mounting evidence of anti-consumer behavior by oil and gas companies.”
That triggered the American Petroleum Institute to fire back ands place the blame back on Biden, writing,”This is a distraction from the fundamental market shift that is taking place and the ill-advised government decisions that are exacerbating this challenging situation. … Rather than launching investigations on markets that are regulated and closely monitored on a daily basis or pleading with OPEC to increase supply, we should be encouraging the safe and responsible development of American-made oil and natural gas.”
In his letter, Biden stated, “[Gasoline] prices at the pump remain high, even though oil and gas companies’ costs are declining.” He continued, “The Federal Trade Commission has authority to consider whether illegal conduct is costing families at the pump. I believe you should do so immediately.”
See the tweet below:
Pres. Biden, saying there is “mounting evidence of anti-consumer behavior by oil and gas companies,” in letter to the FTC: “The Federal Trade Commission has authority to consider whether illegal conduct is costing families at the pump. I believe you should do so immediately.” pic.twitter.com/0SCa26hiqG
— Phil Mattingly (@Phil_Mattingly) November 17, 2021
The American Petroleum Institute fired back this response:
— American Petroleum Institute (@APIenergy) November 17, 2021
Biden is the problem here, not the oil companies.