The official presidential Twitter account for the Biden administration sent out a strongly worded tweet on Saturday urging oil and gas companies to lower the price that Americans are paying for gasoline — as if it’s as simple as changing the numbers on the sign at gas stations.
My message to the companies running gas stations and setting prices at the pump is simple: this is a time of war and global peril.
Bring down the price you are charging at the pump to reflect the cost you’re paying for the product. And do it now.
— President Biden (@POTUS) July 2, 2022
Joe Biden and his team of incompetents want the oil and gas industry to decrease prices to “reflect the cost [they’re] paying for the product” — in other words, to not make any money — in order to save the Democrats from a bloodbath in November.
People on Twitter with smarter economic minds clapped back at Biden with some brutality. My PJM colleague Rick Moran pointed out some of the most prominent examples of pushback on Sunday, including a notable tweet from Jeff Bezos.
Rick also gave the White House a reality slap of his own when he wrote, “Biden apparently doesn’t know that gas station owners are mostly independent small businesses whose razor-thin profit margins make it impossible to willy-nilly lower prices at the pump just because the president orders them to.”
But when an entire industry issues a brutal, clever response to an ignorant tweet from the president, it’s a pretty rough burn.
Check it out:
Working on it Mr. President. In the meantime – have a Happy 4th and please make sure the WH intern who posted this tweet registers for Econ 101 for the fall semester… https://t.co/6yLpbDDRKc
— US Oil & Gas Association (@US_OGA) July 3, 2022
Sick burn, guys!
The U.S. Oil & Gas Association (USOGA) is also actively and unequivocally calling for the Securities and Exchange Commission to end its climate disclosure regulations after last week’s Supreme Court ruling in West Virginia v. Environmental Protection Agency, and on Independence Day, the account tweeted a quote about using the natural resources of the U.S. to enrich the lives of Americans.
The US Capitol has the inscription: “Let us developed the resources of our land, call forth its powers, build up its institutions, promote all its great interests and see whether we also in our day and generation may not perform something worthy to be remembered."-Daniel Webster
— US Oil & Gas Association (@US_OGA) July 4, 2022
The USOGA is fearlessly speaking the truth and calling out the lunacy of the Biden administration. Good for them!
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