Biden warns oil industry against gas price gouging during Hurricane Ian. Here's what to know.

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President Joe Biden warned oil and gas companies Wednesday not to use Hurricane Ian as an excuse to hike prices at the gas pump as the Category 4 storm storm barrels into Florida.

"Do not – let me repeat – do not use this as an excuse to raise gasoline prices or gauge the American people," Biden said in a speech at the White House.Biden said only 190,000 barrels of oil in the Gulf of Mexico have been impacted so far by Hurricane Ian, accounting for just 2% of daily U.S. production. Biden said the"small, temporary storm impact on oil production" should provide"no excuse" for price increases at the pump."None," he said.

By delivering a warning shot to oil and gas executives, Biden is going after one of his favorite targets. The president has regularly criticized the oil and gas industry – unpopular among the Democratic base – this year for record profits amid historic prices at the pump.

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Yeah don’t you dare increase costs that’s my realm! The IRA reinstates a 16.4-cents-per-barrel fee on crude oil and other petroleum imports that aims to pay for the cleaning of hazardous waste sites. Yet the tax 'will be paid by consumers in the form of higher gas and energy cost

Totally ignoring the fact that he caused all of the current increase. POTUS You are a liar and a traitor.

That's something you would never hear from Nazi gop

Local gas is $5.49 already

Hey POTUS, maybe you could help with telling PUC in Rhode Island to NOT raise energy costs by a WHOPPING 48%? That’s a bit much, don’t you think

They won't. they will just use your terrible economy.

Pedo Peter has mubbled something

Certainly

It’s started going up before Hurricane…. Do you hear how many days straight gas prices have gone down lately?

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