WASHINGTON (AP) — House Democrats on Wednesday accused oil companies of 'ripping off the American people” and putting profits before production as Americans suffer from...
AP Photo/Jeff ChiuWASHINGTON — House Democrats on Wednesday accused oil companies of “ripping off the American people” and putting profits before production as Americans suffer from ever-increasing gasoline prices amid the war in Ukraine.
“We do not control the market price of crude oil or natural gas, nor of refined products like gasoline and diesel fuel, and we have no tolerance for price gouging,” said Chevron CEO Mike Wirth.of 1 million barrels of oil per day from the nation’s strategic petroleum reserve for six months, a bid to control energy prices that have spiked after the United States and allies imposed steep sanctions on Russia over its invasion of Ukraine. The national average gas price was $4.
She said prices were increasing before Russia invaded Ukraine in late February. “The American people are too smart and have not fallen for this” claim by Biden and other Democrats, McMorris Rodgers said, calling the hearing “purely political.” Biden has called on Congress to impose financial penalties on companies that lease public lands but don’t produce oil, a request that so far has been ignored. Biden also invoked the Defense Production Act to encourage mining of critical minerals for batteries in electric vehicles, part of a broader push to shift to reduce use of fossil fuels and address climate change.
The release of oil from the U.S. stockpile could reduce oil prices, although Biden has twice ordered releases from the reserves without causing a meaningful shift in oil markets. Biden said last week he expects gasoline prices could drop “fairly significantly.”
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Sandra Bullock Reveals Her One Big Gripe About The Miss Congeniality Films'It shouldn't have been done.'
続きを読む »
Big smart meter change could ‘lower energy bills’The idea is that the shake-up will pave the way for 'time of use' tariffs, which would charge customers different amounts at peak and off peak times.
続きを読む »
Channel 4 gave us everything from The Big Breakfast to Big Brother - so will a sale lead to shows losing their edge?Channel 4 launched with Countdown in 1982 and has gone on to forge a path as a platform for breaking boundaries, thanks to shows such as Big Breakfast and Big Brother, and more recently Naked Attraction and It's A Sin. So what happens now?
続きを読む »
Net zero is one Big Thing Boris has got wrong🗣️ 'The Big Thing emerging from the current energy crisis and consequent price shock is the immense importance of a supply which is balanced, secure and economic – and the immense danger of dreaming dreams rather than facing reality' | Writes Charles Moore
続きを読む »
Omicron is dealing a big blow to China’s economyFor a timely take, analysts are turning to unconventional indicators
続きを読む »
Big Bang Theory star's The Flight Attendant season 2 trailer features spoilery momentDid Cassie just do what we think she did?
続きを読む »