United Refining Company and Gristedes Foods CEO John Catsimatidis ripped Biden for antagonistic behavior toward energy independence after gas prices hit a new record.
John Catsimatidis said President Biden should "open up the spigots" as Americans feel the wrath of soaring costs at the pump and in the food store.
Reacting to the national average price of a gallon of gas reaching a new all-time high of $4.86, Catsimatidis told FOX Business' Dagen McDowell that "it will get worse" and lamented that neither the exacerbation nor an economic recession has to happen, but leaders refuse to change course.as a leading culprit behind high energy costs and criticized him for seeking oil from Saudi Arabia instead of drilling domestically.
"We have 100 years' worth of oil. Let them open up the spigots and the price of crude oil will come back down to $55, $60, maybe $65 – half," he stressed on
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.
Jim Jordan on Inflation: 'Part of Me Says This Is Intentional' by Biden WHRepresentative Jim Jordan (R-OH) on Friday blasted President Joe Biden and his administration for having created the record-high inflation and gas prices across the United States. | Clips
Read more »
'Sucking Up to Murderers': Biden Plans to Visit Saudi Arabia in Push for Oil'It makes no sense to strengthen Saudi Arabia's oil dictator in order to stop Russia's oil dictator,' said one critic. 'The planet is on fire, and Biden is about to reestablish relations with one of the key arsonists.'
Read more »
White House keeps going back to the '90s for proof Biden can 'beat' the gun lobbyThe White House keeps pointing to President JoeBiden's last substantive victory on gun violence reform, 1994's assault weapons ban, citing this nearly 30-year-old legislative achievement as proof he can beat the 'gun lobby.'
Read more »
Biden wants to get out more, seething that his standing is now worse than Trump’sPresident Joe Biden and his aides have grown increasingly frustrated by their inability to turn the tide against a cascade of challenges threatening to overwhelm the administration
Read more »
Amid record-high gas prices, Biden, Democrats demonizing American energy: Rep. FallonRep. Pat Fallon, R-Texas, on the steady increase in gas prices since Biden took office as the president tries to shift blame to Putin's war in Ukraine.
Read more »
Biden takes aggressive executive action to protect solar industry expansionThe administration announced it is taking steps under the Defense Production Act to increase domestic production of clean energy technologies such as solar panels and their components.
Read more »