Biden tells oil refiners: Produce more gas, fewer profits
Headline from Waterloo-Cedar Falls Courier
President Joe Biden wants U.S. oil refiners to produce more gasoline and diesel. In a letter to refiners Wednesday, Biden says their profits have tripled during a time of war
Waterloo-Cedar Falls Courier's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
President Joe Biden criticized oil refiners in the United States for earning large profits and pressed them to do more to expand capacity to help bring down record gasoline prices.
President Joe Biden wants U.S. oil refiners to produce more gasoline and diesel. In a letter to refiners Wednesday, Biden says their profits have tripled during a time of war
In a draft letter to refiners, Biden said their profits have tripled during a time of war between Russia and Ukraine as Americans struggle with record-high gas prices.
President Joe Biden on Wednesday called on U.S. oil refiners to produce more gasoline and diesel, saying their profits have tripled during a time of war between Russia and Ukraine as Americans struggle with record high prices at the pump.
"The crunch that families are facing deserves immediate action," Biden wrote in the draft of a letter to oil refiners. "Your companies need to work with my Administration to bring forward concrete, near-term solutions that address the crisis."
President Joe Biden is calling on major oil refinery companies to take "immediate actions" to ramp up supply, telling them in a new letter that "historically high" profit margins are
WASHINGTON -- President Joe Biden on Wednesday demanded that oil refining companies explain why they are not putting more gasoline on the market, sharply escalating his rhetoric against the industry
President Biden sent letters to oil companies Wednesday telling them to produce more gas to ease widespread pain at the pump, which he also blamed on Russian President Vladimir Putin.
The President whose administration has been actively trying to limit the domestic oil industry’s ability to get its business done is now desperate to shift blame for high gas prices that he has helped to create.
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Biden tells oil refiners: Produce more gas, fewer profits | Since Then
