Oil Billionaire Blasts Biden’s Gas Price Blame Game, Says Only One Thing Will Fix Inflation
New York billionaire and refiner John Catsimatidis, who owns hundreds of gas stations, blasted President Joe Biden’s pinning the blame on high prices at the pump on gas station owners, arguing there’s only one solution for inflation—boosting production of crude.While the margin gas station owners make fluctuates several cents one way or the other, Catsimatidis said it’s “ridiculous to put it on us. We’re not the ones that created the problem.”
The price of gasoline has nearly doubled since Biden took office, with the president variously blaming oil industry greed, a lack of refining capacity, global supply shortfalls set against a sharp post-pandemic rebound in demand, and the war in Ukraine.
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1 comment:
We need balance! Fossil fuels fracking petroleum coal solar wind hydrogen we can use it all and we need to have a balance of all it's such a hoax about this whole thing about global warming and green energy push it's just completely crazy in the past 50 years of living in Florida have we really seen the sea levels rising so significantly that it's affecting anyone's lives here? No! It's all about balance we need balance and we need that in our everyday lives with almost anything!
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