This weekend Joe Biden continued his bully campaign against oil and gas companies, getting on Twitter and threatening the gas stations to lower the price of gas.
“My message to the companies running gas stations and setting prices at the pump is simple: this is a time of war and global peril. Bring down the price you are charging at the pump to reflect the cost you’re paying for the product. And do it now.”
My message to the companies running gas stations and setting prices at the pump is simple: this is a time of war and global peril.
Bring down the price you are charging at the pump to reflect the cost you’re paying for the product. And do it now.
— President Biden (@POTUS) July 2, 2022
The ‘do it or else’ threat from our bully president* is implicit. As we all know, Biden could easily do something about high gas prices but he refuses because he’s bound to his very expensive green new deal agenda. He and his green shirt army believe now is the time to transition the country and this they won’t do anything to threaten their agenda.
But like always with Joe, this is nothing more than misdirection and deception. Says Jeff Bezos…
Ouch. Inflation is far too important a problem for the White House to keep making statements like this. It’s either straight ahead misdirection or a deep misunderstanding of basic market dynamics. https://t.co/XgKfEICZpk
— Jeff Bezos (@JeffBezos) July 3, 2022
I assure you it’s the former. Biden knows who is really to blame but he continues trying to misdirect people because an election is fast approaching and it supports his anti-oil agenda.
The White House responded to Bezos claiming that oil prices have already come down…
Oil prices have dropped by about $15 over the past month, but prices at the pump have barely come down.
That’s not “basic market dynamics.” It’s a market that is failing the American consumer. https://t.co/xpsK0QsQPT
— Karine Jean-Pierre (@PressSec) July 3, 2022
But I guess it’s not surprising that you think oil and gas companies using market power to reap record profits at the expense of the American people is the way our economy is supposed to work.
— Karine Jean-Pierre (@PressSec) July 3, 2022
Amazing. All of this hatred for oil companies coming from the White House when these same oil companies have begged Biden to change his anti-oil policies and work with them to actually bring down the price of oil and gas. Instead he just bullies them.
As Ed Morrissey pointed out after Biden’s initial bully tweet, the problem is a supply problem and the solution is to expand oil production:
More dipstick demagoguery. This is a supply problem, and the prices reflect it. Want to bring prices down? Expand refining capacity, expand oil production, incentivize long-term capital investment, and grow up about the need for an all-of-the-above energy policy. https://t.co/gdkfWWmVLZ
— Ed Morrissey (@EdMorrissey) July 2, 2022
Biden has been throttling the oil and gas industry from the beginning of his tenure by slow-walking the permit process for everything needed to drill for and produce more oil and gas. That’s one of the biggest reasons why we have a supply problem. As Tom Cotton often reminds us, this is by design.
Here’s a few other responses to Biden’s bully tweet:
Working on it Mr. President. In the meantime – have a Happy 4th and please make sure the WH intern who posted this tweet registers for Econ 101 for the fall semester… https://t.co/6yLpbDDRKc
— US Oil & Gas Association (@US_OGA) July 3, 2022
Fact check: This person has no lawful authority to threaten or order a gas station to set a price. This tweet is an abuse of power. https://t.co/IrToTxnszO
— Tom Fitton (@TomFitton) July 2, 2022
How is it possible to have a president this economically illiterate? https://t.co/YYexMXx0E6
— David Limbaugh (@DavidLimbaugh) July 2, 2022
He knows this isn't true. But it puts a target on the backs of every service-station owner, many of them immigrants. https://t.co/Sgztpb1Utp
— Greg Pollowitz (@GPollowitz) July 2, 2022