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The White House refused to clarify President Biden’s social media post demanding that gas stations lower the price of petrol, instead pointing out a speech to Fox News that the president demanded a gas tax holiday. ..
“My message to companies that run gas stations and price with pumps is simple. This is an era of war and global crisis,” Biden said. Posted on Twitter on Saturday.. “Lower the price you are charging for your pump to reflect the cost you are paying for your product, and do it now.”
Biden demanded that gas stations “lower prices” and was praised by Chinese state media
The White House was asked to comment by Fox News on Sunday, but did not reveal whether he was referring to the particular gas station he was referring to or the individual owner of the gas station. The White House also refused to comment on whether the president did not believe that gas stations should be allowed to make a profit and sell gas for a fee instead, and instead told Fox News earlier this year. Biden pointed out a speech requesting a gas tax holiday. Gas stations usually earn only 2-5 cents per gallon of gasoline they sell, taking cost into account.
“We’ve heard a lot of explanations from businesses and economists about why these price cuts usually take longer to reach consumers,” Biden said at the time. “When the price of a barrel of oil goes up, the price of the pump It doesn’t take long for the price to go up. “
President Biden seems to admire high gas prices as “incredible transitions” Americans have to go through
Biden made a similar proceeding at the time, telling the gas station to “lower the price charged by the pump to reflect the cost paid for the product.”
The president’s tweet was also ridiculed by critics, and Amazon founder Jeff Bezos called the statement “in the wrong direction.”
“It hurts. Inflation is too important for the White House to continue making such statements,” he said. Bezos said Saturday. “It’s either a straight turn or a deep misunderstanding of the basic market dynamics.”
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However, the White House responded to Bezos on Twitter on Sunday, with White House spokesman Karine Jean-Pierre claiming that gas prices haven’t fallen due to the recent fall in oil prices.
“Oil prices have fallen by about $ 15 in the past month, but pump prices have barely fallen,” said Jean-Pierre. Said on twitter on Sunday.. “It’s not” basic market dynamics. ” It’s a market that is failing American consumers. “