Karine Jean-Pierre Tells Peter Doocy Who Is To Blame For High Gas Prices 🤯

2 years ago

How did President Biden go from blaming high gas prices on Putin to Big Oil Companies to now Small Business Owners?

Karine Jean-Pierre's Answer:
Well, here’s the thing about that, Peter. Is when you look at, um, as of this morning, when you look at the crude oil; and when you look at whole sale oil prices as well, they have declined about 15 percent. Retail gas prices, however, have only declined about 3 percent over the same time period as we have seen with the crude oil prices and the whole sale gas prices. And meanwhile, those same retailers' profits have gone up about 40 cents in that same period of time. So what the president is saying, that everyone along that production chain-line need to make sure they are doing “what is possible” “their part” in bringing down the cost for the American People. That is what the administration is asking for consumers. Consumers should not be the first to pay and the last to benefit.

#gasprices #biden #putin #russiaukrainewar

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