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Biden to address oil company profits in 4:30 p.m. remarks

Posted on 10/31/22 at 10:41 am
Posted by Jack Carter
Member since Sep 2018
10401 posts
Posted on 10/31/22 at 10:41 am
https://www.reuters.com/business/energy/biden-address-oil-company-profits-430-pm-remarks-2022-10-31/


WASHINGTON, Oct 31 (Reuters) - U.S. President Joe Biden will make a statement later on Monday regarding oil companies' profits, the White House said.

Biden will make remarks at 4:30 p.m. (2030 GMT) in response "to reports over recent days of major oil companies making record-setting profits even as they refuse to help lower prices at the pump for the American people," the White House said in a statement.
Posted by momentoftruth87
Member since Oct 2013
71468 posts
Posted on 10/31/22 at 10:43 am to
This will surely help.
Posted by ShoeBang
Member since May 2012
19359 posts
Posted on 10/31/22 at 10:43 am to
Can't wait to read the middle finger response from Oil Execs
This post was edited on 10/31/22 at 10:44 am
Posted by Triple Bogey
19th Green
Member since May 2017
5985 posts
Posted on 10/31/22 at 10:43 am to
Hey publicly traded company, please lose money so we don’t look as incompetent.
Posted by thetempleowl
dallas, tx
Member since Jul 2008
14829 posts
Posted on 10/31/22 at 10:44 am to
It's a global market. What the frick does he expect when he limits drilling of one of the largest oil producers in the world.

The price goes up.

Does he scorecard them to sell it for less than the market sets?

The idiocy of this administration just is amazing.
Posted by Deuces
The bottom
Member since Nov 2011
12387 posts
Posted on 10/31/22 at 10:44 am to
He’s so desperate lol
This post was edited on 10/31/22 at 10:45 am
Posted by idlewatcher
County Jail
Member since Jan 2012
79177 posts
Posted on 10/31/22 at 10:45 am to
Yes I'm sure publicly shaming them for not following your edicts will really help your cause Joe
Posted by Jack Carter
Member since Sep 2018
10401 posts
Posted on 10/31/22 at 10:45 am to
This isn’t leadership.

The adults are not back in the room
Posted by ShoeBang
Member since May 2012
19359 posts
Posted on 10/31/22 at 10:47 am to
quote:

This isn’t leadership.

The adults are not back in the room


The crowd doesn't even have to shout for Barabbas to be freed anymore.
Posted by Chimlim
Baton Rouge, LA
Member since Jul 2005
17712 posts
Posted on 10/31/22 at 10:47 am to
So he cancel the pipeline, and ALL drilling in this country. And he's mad the prices went up?

These people live in an alternate reality.
Posted by LSUDVM1999
North Carolina
Member since Aug 2010
2085 posts
Posted on 10/31/22 at 10:49 am to
Okay everyone here's the plan: We're gonna boycott oil by not buying ANYTHING that is made with petroleum in ANY way. That'll show 'em who's in control!

Posted by auggie
Opelika, Alabama
Member since Aug 2013
27992 posts
Posted on 10/31/22 at 10:50 am to
If it weren't for Joe and his family's payoffs, I could buy a like new Chinese stripper for 50 bucks. They've fricked everything up.
Posted by cajunangelle
Member since Oct 2012
146878 posts
Posted on 10/31/22 at 10:50 am to
Newsmax news was talking about Biden's schedule. They said he was leaving his Delaware home back to the WH just for Halloween as if it were Christmas.

So he has to make a stupid statement.

He is a shitty leader so bullying the 'fat cat' oil companies will do nothing. As they know Biden's regulations caused the high gas prices.

But just for the midterms Biden will call them meanie peanies again resulting in nothing. He thinks voters will fall for this by him blaming others for his dereliction.
Posted by Y.A. Tittle
Member since Sep 2003
101452 posts
Posted on 10/31/22 at 10:50 am to
quote:

in response "to reports over recent days of major oil companies making record-setting profits even as they refuse to help lower prices at the pump for the American people," t


What is this even supposed to mean? Refuse to help???
Posted by ynlvr
Rocket City
Member since Feb 2009
4591 posts
Posted on 10/31/22 at 10:50 am to
Good, Do it before mid-terms. We appreciate the help.
Posted by Bass Tiger
Member since Oct 2014
46141 posts
Posted on 10/31/22 at 10:50 am to
Biden is an extremely weak and ineffective president…..less than two years into his installed presidency and all he can do now is use the blame game for his failed policies.
Posted by Auburn1968
NYC
Member since Mar 2019
19522 posts
Posted on 10/31/22 at 10:51 am to
I'm sure taxing oil companies will help lower the cost of fuel in Brandon's demented mind.
Posted by Clyde Tipton
Planet Earth
Member since Dec 2007
38739 posts
Posted on 10/31/22 at 10:51 am to
I think the Dems hate oil and gas because it isn't nationalized. If the government controlled it they would love it.

That's where this is headed.
Posted by 93and99
Dayton , Oh / Allentown , Pa
Member since Dec 2018
14400 posts
Posted on 10/31/22 at 10:51 am to
quote:

Biden to address oil company profits in 4:30 p.m. remarks



And his dumb minions will fall for it.
Posted by A Menace to Sobriety
Member since Jun 2018
29098 posts
Posted on 10/31/22 at 10:54 am to
quote:

Biden to address oil company profits in 4:30 p.m. remarks


The oil executives will inevitably laugh at what that demented piece of shite has to say.
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