Biden tweets demand for gas stations to 'bring down' prices, gets praised by Chinese state media

Malaysia News News

Biden tweets demand for gas stations to 'bring down' prices, gets praised by Chinese state media
Malaysia Latest News,Malaysia Headlines
  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 53%

President Biden is attempting to tell gas companies to 'bring down' their gas prices amid Russia's war in Ukraine, and garnered an unlikely source of support.

President Biden is telling companies that are "running gas stations" to "bring down" their prices because "this is a time of war and global peril."and setting prices at the pump is simple: this is a time of war and global peril," Biden tweeted on Saturday. "Bring down the price you are charging at the pump to reflect the cost you’re paying for the product. And do it now.

Biden's tweet comes as gas prices are averaging at $4.822 nationwide, which is up over 20 cents from just one month ago. He has often deflected blame for the increase in gas prices to Russian President Vladimir Putin, dubbing it the "Putin's Price Hike," a term used repeatedly by the White House, despite hisThis isn't the first time Biden has made a direct plea to "companies running gas stations," saying in a June 22 speech that "these are not normal times."

"Suspending the primary way that we pay for infrastructure projects on our roads is a shortsighted and inefficient way to provide relief," said Sen. Tom Carper, D-Del.Rep. Peter DeFazio, D-Ore., said the proposal is "short-sighted" and "relies on the cooperation of oil companies to pass on minuscule savings to consumers."

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:

FoxBusiness /  🏆 458. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Russia-Ukraine live updates: Biden announces $800M more in aidRussia-Ukraine live updates: Biden announces $800M more in aid.JamesAALongman reports from outside Odesa, at an apartment building that Ukrainian officials said was struck by a Russian missile, killing at least 20 people and wounding dozens of others, including children.
Read more »

President Biden traveling to Cleveland WednesdayPresident Biden traveling to Cleveland WednesdayNext week, President Joe Biden will make an appearance in Cleveland to discuss his economic agenda, according to the White House.
Read more »

President Biden to convene governors on abortion talksPresident Biden to convene governors on abortion talksPresident Joe Biden will join a virtual meeting of governors to discuss abortion access following last week’s reversal of the Roe v. Wade precedent that ensured abortion rights in all states.
Read more »

Putin to exploit U.S. economic pain to bring Biden midterms misery—expertsPutin to exploit U.S. economic pain to bring Biden midterms misery—expertsMoscow is likely to exploit divisions within the U.S. and uncertainty about the cost of American support of Ukraine.
Read more »

Biden to award Medal of Freedom to late John McCain, Denzel Washington, Simone Biles, moreBiden to award Medal of Freedom to late John McCain, Denzel Washington, Simone Biles, morePresident Joe Biden will present the nation’s highest civilian honor, the Presidential Medal of Freedom, to 17 people
Read more »

Biden repeats false claim that US has lower inflation than rest of worldBiden repeats false claim that US has lower inflation than rest of worldPresident Joe Biden repeated his claim that the U.S. has lower inflation than most other countries in the world, an assertion contradicted by economic data.
Read more »



Render Time: 2025-03-01 01:10:39