President Joe Biden’s sternly worded letter, released Wednesday, urging oil companies to stop price gouging and produce more product, was an exasperated response to a stubborn problem: Oil companies are greedy and drag on the economy.
“At a time of war — historically high refinery profit margins being passed directly onto American families are not acceptable,” Biden said in a letter to oil companies including ExxonMobil and Chevron.. But the letter is an acknowledgment that Americans tend to blame the White House for gas woes regardless. And the public feud between Biden and Big Oil is just the latest stage of what’s been an on-again, off-again war between them.
A version of the bill was adopted as an amendment to a State Department funding bill the following year, but Biden has nonetheless fallen in and out of love with Big Oil throughout his career. As a senator in the '90s, Biden repeatedly opposed fuel efficiency measures — which were also opposed by big oil companies — that would have raised the standards on tailpipe emissions. But by the early 2000s,
And then White House will brag when gas goes down. You cant have it both ways.
Ok . So explain the other items that have gone up in price
I can't dictate the price of my neighbors house, but if I turn mine into a crack shack it is going to effect theirs.
Only the uneducated blame the president.
True you can get mad but you still have to get the gas.
Are you sure MAGA
Are you serious. Are you going to now try and say Executive Branch policies and statements don’t impact industry? So I guess all the clean energy and green initiatives shouldn’t listen to him either.
'don't blame the person who throttled(figuratively and literally) oil production the day he was finally able to walk into the white house'
Yeah, they can’t do shit to control prices.
Biden to oil companies: “I’m banning you from drilling or pumping extra oil, also we’re going to buy more oil from foreign countries with the huge amounts of money we’re printing like crazy… Wait, why are you raising prices? How dare you!”
Start the drilling. Yes Biden can do something about the gas prices. People can’t afford to buy electric cars. The Ukraine war was very unnecessary. You made a mistake.
LindaKWS1 And you all in media have helped fan those lies and propaganda… 🙄
*American* presidents can't dictate prices. Apparently, Russian presidents can.
They sure as fuck control the level at which America competes in the global energy market, and Biden cut our dicks off on day 1.
There are some who would blame president even for anything. The sky is blue, and it is Biden's fault.
Every headline related to President influence should include Rs voting against bill to deal with oil company price gouging. The entire economy is in a spiral because of that vote.
Msnbc on that gaslighting language lol *Well technically he cant “dictate” gas prices.. so we didn’t “technically” say anything untrue* 🥴
Look at day 1 actions by the admin. Answers it all. Markets need stability.
President cannot dictate but Presidents can influence and impact oil prices. He is an example - If Pres. Biden says that he will allow Iranian and Venezuelan oil to flow into the market, prices will drop 20% overnight.
Trash president with trash policies gets you these trash results.
Communist propaganda. Presidential policies can and do affect gas prices and the economy. This is economics 101
iKnowBetter
They certainly can dissuade companies from best practices that lower/stabilize prices.
Fact-checkers asleep for this one?
Presidents can belong to a party that has sold out for decades to private interest, and has handed over control of America to a corporate oligarchy
Didn't you just post this article? Is the agitprop this bad now?
BIDEN leads the RACIST part of DEMS now...............
POTUS Politics is the blame for Gas prises, Not President Joe46 Biden, politics at the Gas pump by the same GOP politictions that resulted in the Jan 6 insurrection, Its the double standard in political responsibility between Democrats and Republicans
He declared was on fossil fuel from day 1. Yes, we shall blame him. We all will remember at the polls!
Lol this administration's intention has always been for fuel prices to substantially increase. Under the guise of green policy. But these price increases are crushing the poor and working class. That's it.
“PrEsIdEnTs CaN’t DiCtaTe OiL & gAs PrIcEs!!!”
Biden promised to end the fossil fuels industry. Now he's about to suspend gas taxes and beg Saudi to produce more!!
LOL, MSLSD
Media became the Enemy of the people
Propaganda
Gas prices have been going up since his 1st day in office. Stop with the bullshit, we see right thru it.
Didn't something bipartisan happen with Russian oil and gas recently? No?
Biden was literally running for president for the idea aganist fossile fuels and literally stated that If he became president he would support policies that would further transition enegy even if that resulted in the rising prices of gas and job loss
presidents can initiate policies that affect oil and gas prices. pretty much every president has done that as far as we can remember.
Reopen Keystone!
Then WTF is he good for?
Can't wait for republican control and the push to strip this fake product of section 230 protections.
Americans are better off blaming SCOTUS for allowing gas taxes!!!!
However the President has had decades to change the tax regs that Congress makes. and could not even get a $15 min wage (last resort against abuse of labor), let alone a UBI based upon excessive corporate earnings, which thre Gov helps subsidize through workers (taxation).
A lot of it is on sleeply Joe when he shut down the pipe lines and stop them from oil fracking in this country and ordered more oil from Russia
Our gas prices are super high here in Canada also. And Biden ain't our leader.
Ja'han Jones is The ReidOut Blog writer. He's a futurist and multimedia producer focused on culture and politics. His previous projects include 'Black Hair Defined' and the 'Black Obituary Project.' 🙃
RE-OPEN KEYSTONE XL You keep reposting this article like the outcome will somehow be different
Says the clueless ones of msnbc
BULLSH!T. Obama took credit Biden has laws, executive actions, and a Justice Department he could be using. Dems control both houses of congress, so every single committee that could be investigating this. WHY AREN'T THEY? Biden blames everyone else.
Republicans tend to blame Biden you may say. The Democrats need an aggressive media campaign to correct the perception
This clown cancelled the pipeline so yes he is to blame
Imagine how this headline would be different if gas was $6.00 a gallon under Trump.
Nice try MSNBC
'Russia’s invasion slows global growth & raises inflation. J.P. Morgan' 'The war in Ukraine is fuelling a global food crisis' 'The Myth of Energy Independence'
But their policies do! Ass
Every other GOP tweet is about blaming Biden for high gas prices without any mention of how the rest of the world is doing.
🤣🤣🤣🤣🤣🤣
MSNBC is less than worthless as its primary purpose is sowing confusion & spreading propaganda. Of course Biden is to blame for record gas prices; he’s the one chiefly responsible for restricting supply and devauling the dollar
This! TruthAtAllCosts
STOP LYING BECAUSE IF THIS WAS TRUMP YALL WOULD BE SAYING THE OPPOSITE!!!!!
I know right
Biden knew the rules going in. Now, Biden is playing dumb about them.
LOL - Putin did it
BUUUUUUULLLLSHIT!!!!!!!
BS
Oil companies manipulate prices all along, regardless what the uninforcable rules are.
The economy is Trumps fault
Keystone pipeline, next
We know the White House and Biden can’t change gas prices. But his policies sure can and has.
Maybe if the president 1) didn't shut down and handicap oil production and drilling + 2) did have a stance openly HOSTILE to oil production then MAYBE this shit wouldn't be happening.
That’s a LIE!
But when it’s a 2 cent price decrease , all hail the god king grandpa…
Oil prices are based on futures. Biden is on record being anti-oil, and has already cancelled leases, banned drilling, etc. Seems presidents DO have control.
Yes … however policy that directly affects production might as well be .. so to say he doesn’t affect pricing is misleading and disingenuous.. but hey that’s you guys ..
The White House literally cancelled oil and gas infrastructure and cancelled leases. The White House artificially reduced supply. So yes. We do blame him; as we should.
JoeBiden SUCKS!
Since the president cannot set gas & oil prices, Trump deserves no credit for the lower costs nor Biden for the higher ones now. Besides, finding solutions to our problems is more important than finding someone to blame, blame, blame!
GOPTraitorsToDemocracy GOPLiesAboutEverything
MSNBC =FAKE NEWS!!
No, but they can close down refineries, pipelines, and make bogus laws that restrict oil and gas production and use, just generally keep us from making our own, which in turn drives prices up astronomically.
The US economy is the worlds largest. The US has the capacity to be the worlds biggest energy producer. Both of those things can have enormous impact on energy prices. The US regulatory environment has outsized influence on world energy prices.
Try explaining that to a trumpist. (and yes, they DO still exist)
Yes they can, Fake News msNbc
They csn shut down pipelines and van production
Then why did he vow to lower gas prices in his State of the Union?
People just don’t understand economics 101
Because you don’t make this clear in your reporting. BigOil PriceGouging CorporateGreed Do your job!
Americans, high gas prices are a global problem, the high prices are not only a problem in the UnitedStates….. before taking a position let’s do our research… we are smart enough to recognize reliable sources, let’s not let anyone covet our ability to think & rationalize
Weird how White House decisions effect and affect pricing....
Show me the oil.😡😡😡
Thanks for my morning dose of propaganda so I can go back to sleep and pretend everything is just fine🌊💖
Just leaving this here
They can loosen up more rules. The legislature can limit tax deductions temporarily provided to fuel companies and use the money as stimulus to the people. It’s a matter of becoming creative. Also investigate irresponsible financial analysts. See if they are manipulating pricing
Joe pledged to do exactly this on the campaign trail and no one believed him. Now you are gaslighting us to believe that he didn't do it?
Stop being openly hostile to the industry that makes civilization possible would be a good start.
Goly jeepers. Why do you think that is?
This is a lie. 50+ Executive orders in his first month in office put us here.
Biden is a major factor when it comes to prices by the actions and policies he puts in place.
That is because they (R&D Leaders) tout themselves(‘My Administration’) as the reason for good times …which they do not control either. Therefore get torched for blaming others during the tough economic times…
They can only shut down pipelines, restrict and end land leases, and create chaos in the market. But ya know.... it's not like they're directly changing the price or anything... 🙄
So where was MSLSD in 2018 when Schumer and Pelosi stood in from of an Exxon station and blamed Trump for $3.89 gas? Where was your “Presidents can’t do much” reporting then?
Wonder if he realizes Russia is making a fortune on oil. The world is buying oil from Russia. Does he think this does not ruin the environment. We are a laughing stock to the world. Putin is a trillionnaire.
And yet the WH blames Putin.
This a first, seeing the media do a reality check on what a president can control.
No one is saying he dictated $6 gas, but his energy policies predictably causes price increases.
Trump must of knew how to make them cheap
It’s his policies, stupid. Prices were under 2$ before he took office
Pretty sure Biden canceled the Keystone, rescinded drilling leases and pushed ESG to cripple oil companies, so go kick rocks. It's directly the Biden policies that are too blame
Microsoft defending its boss, that's what I read
They regulate the industry and control millions of acres of Federal land with vast resources. Who are you fooling...
Cope
Uhh.. regardless of the breakdown this position is the reason for the state of things
Guy says he is going to end fossil fuels in America, does, then says not my fault man!
Public service announcement paid for and brought to you by George Soros and the Biden Administration.
Bull. Opec's US ties fall under the Executive Branch
Awww poor president
Ok groomer
Only Republicans do. Independents are smart enough to know a president can do squat about it. The blamegame is only played by Republicans, but they are the biggest loudmouths about it. And the messaging is - again - very simple.
Biden really did sign executive orders his first day in office that targeted domestic oil production. Now, Biden and the democrats have destroyed the middle class and MSNBC is trying to explain reality away.
Nice spin but we're not buying it.
,, first thing your guy did was cancelled pipelines and projects
According to these same mindless Americans who just want to make President Biden look bad, the White House is to blame for high gas prices around the world as well!
Disclose/reveal. Don't blame, demand an explanation to the reason.
To say the President has no control over oil and gas is a total lie. The President controls all drilling on US public lands, all US pipelines, imports and exports. Biden crawled on his hands and knees to OPEC after fuel prices skyrocketed and they refused to bail him out.
All of his major policy decisions as of late have been a direct attack on oil production and transportation. This administration is a complete failure.
So why does Biden/Pelosi/etc blame Russian president Putin if presidents can’t dictate gas prices?
The blame game goes from Putin to Trump to Ukraine to oil manufacturers to baby food manufacturers, the pandemic... amn the list goes on! It's about time this imbecile starts accepting ownership for his failures. .
Wouldn’t Dems blame it on price gouging? Or they circle back to Putin already?
awww shut up you're bought and paid for to spread your misinformation
This WH certainly has a lot to do with gas prices and baby formula shortages.
Sure they can
What a load of crap,are these your followers
'Economist Confronts Sean Hannity on Energy Production Claims: 'You're All Over the Map''
They don't dictate gas prices but Biden did a f*** of a lot to limit America's capacity to drill and produce oil. Lower supply increases prices and he sure as hell lowered the supply with changes to executive branch policy.
It was a campaign promise. The imbecile terminated 600 permits and leases the day he took office. When demand increased instead of increasing production he had no choice but to beg Putin & OPEC for more oil at astronomical prices. The US was at net zero foreign oil imports in '20
nice strawman reid. people say impact, influence, affect. not dictate. joe stopped drilling permits for federal land, roughly 1/4 of domestic production.
Let’s say Americans from the GOP persuasion always sabotages the democratic president’s agendas and then blame him for America’s woes they created! Anything to control power!
The GOP playbook is to sit there and do nothing with their hands folded, and telling Americans blame the other side. So that Americans vote out democrats who are trying to get things done. Look into all the bills that have stalled because of McConnell's power plan.
Socialist or dictator leaders can. Isn’t it amazing how many republicans want the president to take action.
Absolute bullshit. They can - they don’t want to. They’d rather make their buddies richer. And this is coming from a liberal. Government doesn’t work for us.
Americans blame the White House because their policies have caused it - not the oil companies or producers.
Then why did he stop the pipe line
The media drives that narrative
🤡🌏
Yes a POTUS can affect the price of oil. Joe changed the rules to make it tougher to find and drill.He has dis-incentivised financers from investing with climate score cards.Pulled leases and denied new lease sales that have idled 60% of the offshore oil rigs.
And it's the journalist's job to educate the public about the reality that presidents cannot and do not control prices or the inflation rate. So don't make excuses for the public's ignorance and, please, don't further it.
Yeah, those folks in China and Norway are REALLY pissed at President Biden for raising their countries' gas prices. How dare he?!
The policy set by the administration in the White House heavily influences gas prices, so Americans are correct.
He’s closed off all the competition. Of course this happens. Simple supply and demand. We are still a republic. Capitalism is how this country moves. Not socialism.
When gas prices were soaring during the GW Bush admin he was asked why he didn’t just tell the oil/gas producers to lower prices. He truthfully answered, “Nobody tells those guys what to do.” So yeah.
😆 🤣 😂 good try MSNBC! He may not physically set the prices but his policy does
Enough said!
Presidents make policy!
Because that’s what the GOP tells them to do.
😂HEY LIBITARDS…THIS SHIT HAPPENED UNDER joe!
War Mongering is indeed dictating gas prices amongst other commodities. Is it worth it to have Biden, a dyed-in-the wool Neocon War Monger as head of the US Military Industrial Complex? Tump's foreign policy is one of world peace, and the historical evidence proves it.
Maybe you should ask President Trump. We had $1.90 gas when he was president. Trump
Failure of leadership ..
As a truly great President often said” Well, there you go again “! Try to screw over American oil production and control their profits and we will be making Saudi Arabia really wealthy. Taking business advice from MSNBC really is too much!
True. The president often gets blamed for things out is his control but he also claims credit for things out of his control also so it evens out.
Really? Ever heard of executive order? Closed pipelines, shut down fracking, stopped drilling in many states. Begged opec for oil. Try another lie.
Americans are the dumbest electorate on the planet, ok? It’s 2022 and people still don’t understand how oil/gas prices work? Maybe it’s because the media doesn’t actually educate on the topic.
U.S. presidents can make bad decisions that drive up oil and gas prices....
Well he did say he was going to end our energy independence and put an end on our reliance 🤷♂️
No more fossil fuels.
Didn't he shut down a major oil pipeline or something? Wouldn't that impact oil and gas prices?
Government regulation, push to transition from cheap safe fossil fuel production to expensive and relatively unsafe green fuel production directly contributed to the decline of US domestic production capacity
Gee, MSNBC, it might help if your commentators mentioned once in awhile where the gas price problem originates. You can’t both-sides corporate greed - you just can’t. DemVoice1
Biden threatens oil companies. He demonizes their products. He promises to run them out of existence. He cuts their access to new leases, while heaping onerous new regulations upon them. Yet he is clueless about most investment in new production has dried up.
Almost like campaigning while saying your gonna shit down all oil industries has consequences?
No but they damn sure can affect them.
Yeah that's how that game goes, let's not act surprised ladies and gentlemen, president gets the blame we know how that goes
the Republicans and almost half of our nation of idiots have accorded Biden with the same worldwide power they assigned to Obama ... that is, everything they don't like, no matter where in the world it's happening, is Biden's (or Obama's) fault
Biden and the left wing democrats ARE responsible for the rise in oil prices...Democrats have blocked the building of any new oil refineries, shut down our pipeline and told Saudi Arabia to punch sand.
Americans blame POTUS cause media blame faceless companies/OPEC Time for to blame OIL SPECULATORS; call on FEDERAL RESERVE to require oil trades be settled by PHYSICAL DELIVERY; get interviews w traders to put a face on the drivers of inflation
Funny you say that…
And here is the WH free PR service. LISTEN …HIS POLICIES A D EXEC ORDERS HAVE STRANGLED THE OIL AND GAS INDUSTRY! HE RAN ON ENDING THE FOSSIL FUELS! NO ONE WANTS TO INVEST IN FF BECAUSE OF HIM…do your job.
You banned Russian oil in turn driving up the price giving them a windfall even with reduced sales
Yeah, the guy who campaigned on putting oil out of business' policies have nothing to do with it. Got it MSNBC
You honestly think he is in charge 🤔
No but they can set policy that fuck everything up!
Well that's not what we heard on Fox! 😂😁🤣😁😂🤣
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