PoliticsBiden Calls Out Price Gouging And Tells Gas Stations...

Biden Calls Out Price Gouging And Tells Gas Stations To Lower Prices


President Biden called out gas stations for price gouging and told them to lower prices now.

Video:

The President said at the White House, โ€œThe message is simple, to the companies running gas stations and sending those prices at the pumps, bring down prices to reflect the cost you pay for the product. Do it now. Not a month from now, do it now. It is going to say people a lot of money. โ€

President Biden was correct. There is still a ton of price gouging and profit taking in the economy as companies are using inflation as an excuse to increase prices, whether that price increase is justified or not.

What would be even better than the President putting pressure on the gas station owners would be for the federal authorities and regulators to start investigating price gouging.

Everyone knows that price gouging is happening and it wonโ€™t stop until there are consequences for the unjustified profiteering.

President Bidenโ€™s comments should be viewed as a warning that needs to be followed up with consequences.



Original Source Link

Latest News

What is the โ€˜Stargateโ€™ AI project?

Donald Trump has announced the "Stargate Project." Backed by major tech companies, the project aims to boost AI...

Asset tokenization can unlock financial inclusion for LATAMโ€™s unbanked

Blockchain-powered asset tokenization is set to reshape Latin Americaโ€™s financial systems, driving efficiency, inclusion and transparency. Original Source Link...

Syria to privatise and overhaul economy, says foreign minister

Syriaโ€™s new rulers plan to privatise state-owned ports and factories, invite foreign investment and boost international trade in...

Google will let you control your Chromebook with your face

Google is announcing a variety of classroom and accessibility-focused ChromeOS features today, and one of the standouts is...

Rachel Maddow Shows How To Pump The Brakes On Trump

PoliticusUSA is ad-free and completely reader-supported. You can support our work by becoming a subscriber.Rachel Maddow devoted the...

โ€˜A frankly embarrassing resultโ€™: We still know hardly anything about 95% of the universe

In this excerpt from "Matter: The Magnificent Illusion" (Polity, 2025, translated by Edward Williams), author and physicist Guido...

Must Read

Why Is TikTok Getting Banned in 2025? The Reason โ€“ Hollywood Life

TikTok quickly became one of the most popular...

Space Forceโ€™s secretive X-37B space plane soars past 1 year in orbit

That U.S. Space Force X-37B Orbital Test Vehicle...
- Advertisement -

You might also likeRELATED
Recommended to you