Popular
What Happens Next for the S&P 500? Pick...
Is It Time to Lower Our Market Expectations?
Silver Crown Royalties Closes Final Tranche of its...
Tech 5: NVIDIA Hits Market Cap Milestone, Harmonic...
Sun Summit Commences Drilling and Provides Exploration Update...
Apollo Silver Enters into Investor Relations Agreement
Stallion Uranium Announces the Completion of Coyote Project...
What Happens Next for the S&P 500? Pick...
NorthStar Gaming Announces Grant of Equity Incentive Awards...
The CappThesis Market Strength Indicator: What It’s Telling...
  • Home
HotInvestingPilots.com
  • Politics
  • World News
  • Stock
  • Investing
Politics

WATCH: White House Press Secretary Says It’s the ‘Patriotic Duty’ of Oil Companies to Lower Profits and Produce More Fuel

by June 16, 2022
written by June 16, 2022

The White House Press Secretary, Karine Jean-Pierre, said that it is the “patriotic duty” of oil and gas companies to combat rising prices by cutting profits and producing more fuel amid the administration’s continuous narrative of blaming the war in Ukraine.

Since day one, the Biden administration has been on a campaign to end the oil and gas industry.

Now they’re blaming oil refineries for not doing a “patriotic duty.” pic.twitter.com/lIdBniMwEs

— RNC Research (@RNCResearch) June 15, 2022

Her statements follow President Biden accusing big oil companies of seeing their profit margin triple amid global energy shortages and record gas prices. 

“We see it as a patriotic duty … as we’ve talked about, there’s war happening right now. That was caused by Russia, which is why we’re seeing these hikes in gas prices, especially since Russia has amassed, started amassing troops, on the border [of Ukraine],” she said.

“We want to focus on the oil refinery, which is why we put out the letter today or yesterday; I’m losing track of time,” Jeane-Pierre said at a briefing.

‘And so we see that as an important first step in making sure that the oil refineries are doing their part again – patriotic duty – and making sure that they’re putting out capacity, and they’re not taking advantage of it’s of a war that is hurting the American public,” she continued. 

Jean-Pierre said that the White House and the oil companies would “hopefully” have a conversation. “We’re going to get to a solution and move this forward,” she said.

The Press Secretary accused the oil companies of using the war as a tool for company profiteering. 

“They are using this moment, using this moment of war, where the American, where American families are feeling the high costs with food and gas,” she said. 

“That is not a patriotic thing to do, and the president has the right to call them out.”

The comments come on a day when Biden issued a letter to the oil companies demanding they reduce profits and the cost of fuel nationwide. In his letter, Biden cited an “unprecedented disconnect between the price of oil and the price of gas.”

In the letter, he informs them he has ordered Secretary of Energy Jennifer Granholm to convene an emergency meeting with company executives to explain any reduction in refining capacity since 2020.

While using the typical blame game of “Putin’s war of aggression,” claiming that it is the primary cause of a dwindling supply of oil, Biden also pointed out that oil company profit margins are at the highest recorded levels.

On Thursday, the gas price nationwide remained above $5 per gallon, according to AAA. 

The post WATCH: White House Press Secretary Says It’s the ‘Patriotic Duty’ of Oil Companies to Lower Profits and Produce More Fuel appeared first on The Gateway Pundit.

0 comment
0
FacebookTwitterPinterestEmail

previous post
Mail-In Ballots Found Scattered Along Local San Diego Freeway
next post
Use Liquidity To Your Advantage

Related Articles

Early voting in Wisconsin slowed by label printing...

October 24, 2024

American creating deepfakes targeting Harris works with Russian...

October 24, 2024

A GOP operative accused a monastery of voter...

October 24, 2024

Tucker Carlson says father Trump will give ‘spanking’...

October 24, 2024

Trump’s exaggerated claim that Pennsylvania has 500,000 fracking...

October 24, 2024

Biden spurs controversy by saying ‘We’ve got to...

October 23, 2024

McDonald’s where Trump served fries hit with flurry...

October 23, 2024

In close race that could tip House, candidates...

October 23, 2024

As Democratic icons stump for Harris, GOP elders...

October 23, 2024

Past Trump advisers say he’s fascist. Trump says...

October 23, 2024

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • What Happens Next for the S&P 500? Pick Your Path!

    July 14, 2025
  • Is It Time to Lower Our Market Expectations?

    July 14, 2025
  • Silver Crown Royalties Closes Final Tranche of its Non-Brokered Private Placement

    July 14, 2025
  • Tech 5: NVIDIA Hits Market Cap Milestone, Harmonic Raises US$100 Million

    July 14, 2025
  • Sun Summit Commences Drilling and Provides Exploration Update from the JD Project in BC’s Toodoggone District

    July 14, 2025
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 hotinvestingpilots.com | All Rights Reserved

HotInvestingPilots.com
  • Politics
  • World News
  • Stock
  • Investing