Joe Biden Blames Record High Energy Prices on Oil Companies, Calls for Investigation

Joe Biden Blames Record High Energy Prices on Oil Companies, Calls for Investigation


President Joe Biden on Wednesday dodged responsibility for record-high energy prices and asked the Federal Trade Commission to investigate oil companies for “anti-competitive behavior.”

With nationwide gas prices reaching historic highs, inflation marking a thirty-year high, and a supply chain that seems permanently broken, President Biden is presumably seeking to escape responsibility for his failed energy agenda by placing blame on oil companies.

“I do not accept hard-working Americans paying more for gas because of anti-competitive or otherwise potentially illegal conduct,” President Biden said. “I therefore ask that the Commission further examine what is happening with oil and gas markets, and that you bring all of the Commission’s tools to bear if you uncover any wrongdoing.”

“The Federal Trade Commission has authority to consider whether illegal

Continue reading

You Might Like

 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend