, including BP and Chevron, shut some offshore production in the Gulf of Mexico this week as Ian gained strength.
"I want to add one more warning […] to the oil and gas industry executives. Do not — let me repeat, do not — use this as an excuse to raise gasoline prices or gouge the American people," Biden said Wednesday as the eyewall moved onshore in Florida. President Biden speaks during the White House Conference on Hunger, Nutrition, and Health, at the Ronald Reagan Building, Wednesday, Sept. 28, 2022, in Washington, D.C.
"My experts informed me the production of only about 190,000 barrels a day have been impacted by the storm thus far," Biden said. "That's less than two percent of the United States daily production impacted for a very short period of time."The president continued, adding that his experts have told him this minimal impact on oil production should not affectA customer fills canisters at a gas station ahead of Hurricane Ian in Tampa, Florida, on Tuesday, Sept. 27, 2022.
"This small temporary storm impact on oil production provides no excuse, no excuse for price increases at the pump. None," Biden told the audience. "If the gas companies try to use this storm to raise prices at the pump, I will ask officials to look into whether price gouging is going on."A gasoline pump is shut down and wrapped in plastic in St. Pete Beach ahead of Hurricane Ian on Sept. 27, 2022, in St. Petersburg, Florida.
He just doesn't have a clue what he is talking about. He needs to have a talk with Gavin newsome about californias cost of gas. Of course had Biden not hosed the energy sector we'd be fine
This is such an EPIC FAIL..OF AN ADMIN..and Now OH ! Don't raise the prices LIKE YOUR EPIC FAIL OF AN PERSON..HAD CAUSED ALREADY thus man has been nothing but a shadow joke. How sad.
Pitiful,just pitiful,total Incompetences!!
Who the hell is he to say they can’t make money
Has he warned putin as well?
Spend some of that 'Big Guy' money at the local community College on Econ101.
Oh that's rich coming from him.
Price =supply/demand Simple
Yeah, he has no authority to warn anyone about rising gas prices. They were going up again before the storm. And since dim bulb has pretty much drained the SOR (designed for just such disruptions in supply) there’s little oil to fall back on.
PunkinDyer I guess this excludes California, almost back to $7.00.
Did he whisper it? Because if not then he didn’t really mean it, Jack.
Biden doesn't know how gas stations work
Biden is dictating
Commi Biden
Who is he to warn anyone about prices Geez Econ 101
Dufus has zero experience in the real world, eh?
I believe he has gouged the American taxpayer way more than any oil company executive has
Why isn’t he sending Florida billions of dollars? Oh now I remember. Florida isn’t Ukraine. ..
And this isn’t because Biden or the Democrats care about people…because they don’t, it’s only because they care how people are going to VOTE in November. The higher the price of gas goes, the more people will vote against the Democrats.
Why? Afraid it'll cost him votes? Strange how it was never his fault when they went up before, but he tried to take all the credit when they came down. Ignore him and do what you have to do.
Someone want to tell him?
Tell us now who the dictator is?
What a miserable, pitiful, fool.
And then asked if Napoleon was in attendance
And ya'll thought Trump was a dictator 🤦🏽
Or else what, Joe? You gonna sniff their hair?
Energy industry executives don't set the prices.
Or he will blow up their gas stations like he did the pipelines?
Or what