US fuel prices pass $5 a gallon as Biden says oil company 'made more money than God this year'

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 67%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

Despite the rise the prices in the US remain far cheaper than those faced by UK drivers at the pump.

Petrol prices in the United States have topped five dollars a gallon for the first time ever, as global oil prices continue to soar amid the war in Ukraine.

Car club AAA said while the average price on Saturday was $5, motorists in some parts of the country, especially California, are paying far above that.Joe Biden accused the US oil industry, and Exxon Mobil Corp in particular, of capitalising on a supply shortage to fatten profits.AdvertisementExxon pushed back at the comments, saying it has continued to increase its US oil, gasoline and diesel production, and had borrowed heavily to increase output while suffering losses in 2020.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The worst thing is he could absolutely make this go away with the reserves that we have but it just shows how little they actually think about us.

But isn’t that his plan.. to push electric.

Okay, then let's Tax Gods representatives on Earth more

That equals approximately 4 litres so not as bad as Aus at $2.20 per litre

Tax gad! never mind...

That was the plan isn't it? The Ukraine Russia war

If they reduced the green eco tax until the economy can afford it. Surely if the economy imploded there will be nothing to save

Ummm. How come they got “ greedy” right after Biden was elected? Seems to me they weren’t “ greedy” when Trump was in office! If it’s the oil companies “ greed”- they would have been doing that instead of gas being 2.00 a gallon before Biden waged his little war on them.

The G7 should be putting pressure on OPEC to increase oil output, to help the price to come down.

Scary that he believes in god and that his god uses $. It's like Regan governing by astrology. 😱

I haven't heard this comment before ..

UK dreams of $5 a gallon.

Of course they did god doesn’t exist.

Biden is correct there That is a first

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 35. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines