Biden wants to ‘lower’ prices on gas stations, says Chinese media

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“This is a time of war and global catastrophe,” said President Biden.

“My message to the companies that run the gas stations and the companies that set the price for the pump is simple. This is a time of war and a global catastrophe,” Biden said on Twitter on Saturday. “Download the price you pay for the pump to reflect the price you pay for the product. And do it now.”

His Twitter account has received support from China’s state-run media, with China Daily European Union chief Chen Weihuwa responding, “Biden has finally realized that capitalism is all exploitation.”

Biden’s Twitter price for gas nationwide is averaging $ 4,822, up more than 20 cents a month ago.

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President Joe Biden

“This is a time of war and global catastrophe,” said President Biden. (Kent Nishimura / Los Angeles Times by Getty Images)

Russia’s President Vladimir Putin has blamed Russian President Vladimir Putin for the rise in gas prices. Campaign term Always take responsibility and not blame others.

This is not the first time Biden has made a direct appeal to “gas companies” in his June 22 speech.

“So let’s be honest with each other. My message is simple. For companies that run gas stations and companies that put their prices on the pump, this is a time of war, a global catastrophe, Ukraine. These are not normal times,” Biden said. . “Download and do it today to reflect on the price you pay for the product. Your customers, the American people, need relief now.”

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Gas prices

These are the gas prices at the pump in Sewickley, P. Monday, March 7, 2022 at the Shetz store. (AP Photo / Gene J. Puskar / AP Newsroom)

Biden’s request from the Oval Office to reject the 90-day gas tax holiday was rejected by even Democratic lawmakers.

“I don’t know if we have votes,” said majority leader Steney Hoyer’s DMA and E news.

“Blocking the primary way to pay for infrastructure construction on our roads is to provide short-term and ineffective relief,” said Senator Tom Carper de-Dell.

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Peter Defazio, De-Ore, said the idea was “short-sighted” and “to transfer small savings to consumers based on the cooperation of oil companies.”

Gas stations make very little money from gallons of oil sold. Studies show that gas stations cost about 15 cents per gallon and cost about 5 cents per gallon. They sell gas to snack customers, sell drinks and other high-profit products.

States and federal gas stations pay a gallon of gas at a much higher rate than the pump, and California pays the highest gas tax in the country – less than 59 cents a gallon after the state tax increase July 1.



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