久久久91精品国产一区二区三区|亚洲中文无码卡通动漫|国产AV国片精品无套内谢无码|国产99久久久国产精品电影|

The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
logo

The 26thBeijing International Exhibition on Equipment of Pipeline and Oil & Gas Storage and Transportation

ufi

BEIJING, China

March 26-28,2026

LOCATION :Home> News> Industry News

Biden calls on oil companies to reduce their prices

Pubdate:2022-09-28 14:16 Source:網(wǎng)絡(luò)Simon Casey and Jennifer Jacobs Click:

(Bloomberg) — While U.S. gasoline prices have come down from the highs seen this summer, they’re clearly still weighing on President Joe Biden, who on Monday repeated demands for oil companies to charge less.

“Last month, the price of oil worldwide is down,” Biden said at a meeting of the White House Competition Council. “We haven’t seen the lower prices reflected at the pump, though. Meanwhile, oil and gas companies are still making record profits -- billions of dollars in profit.”

US oil futures fell 9.2% in August. Gasoline prices during the same month were also down, dipping 9.2%, according to American Automobile Association data. Still, as Biden noted, gasoline prices across the country remain uneven; they are substantially higher in western states due to a lack of refining capacity.

“My message is simple,” Biden said. “To the companies running gas stations and setting those prices at the pump: Bring down the prices you’re charging at the pump to reflect the cost you pay for the product. Do it now.”

Biden’s words echo comments he made earlier this year as average US gasoline prices surged, hitting more than $5 per gallon in June. The White House expended considerable effort trying to reverse the trend, including massive releases of stockpiled petroleum and a diplomatic outreach to Saudi Arabia in search of additional production.

Gasoline prices have fallen since that peak by more than $1 dollar on average, helped by the decline in international oil prices amid the impact of China’s Covid-19 lockdown and speculation about the effects of a global economic slowdown.

However, there are also signs that U.S. gas prices are bottoming out after they rose slightly last week. For Biden, that risks reviving gas prices as a political issue heading into the mid-term elections in November.

丁青县| 镇平县| 渭源县| 来凤县| 台中市| 莱阳市| 宣威市| 天等县| 丹巴县| 铅山县| 运城市| 盐津县| 塔河县| 邢台市| 龙泉市| 新密市| 娄底市| 泸水县| 旬阳县| 乃东县| 宁明县| 黔西县| 玛纳斯县| 图片| 莎车县| 中江县| 阜城县| 西充县| 赣榆县| 离岛区| 洞口县| 临西县| 清丰县| 象山县| 洛扎县| 宿州市| 宁南县| 潞西市| 昌黎县| 英山县| 子洲县|