President Biden delivered a message about U.S. gas prices on Thursday that Democrats favor, according to recent polls, but Republicans, some economists and many in the oil and gas business are swift to challenge.
“Our prices are rising because of Putin’s action,” the president said while outlining a plan to lower gas prices and ease inflation. “Putin’s price hike is hitting Americans at the pump,” he said, blaming Russian President Vladimir Putin for waging a war in Ukraine that invited global sanctions. Those punishments, which the president said are “the right thing to do,” boomerang to become shortages in the United States and other parts of the world.
“There isn’t enough supply,” Biden said as he repeated his explanation that Americans are hit at the gas pump because of Russia. Other culprits responsible for the onset of petroleum production shortages, he said, are oil industry executives and companies unwilling to pump more oil to help ease consumer gas prices because, he asserted, they want to “exploit the situation, sit back, ship those profits to the investors while American families struggle to make ends meet.”
Comentários