BREAKING: Biden Attacks Oil Companies Over Gas Prices, Demands Investigation. API Fires Back Hard: It’s Your Ill-Advised Decisions

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

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