Most gasoline station owners and operators will be quick to point out to the president that they’re as upset by the high prices as anyone. Their margins are already razor-thin, and the high prices mean that purchases on the items with higher profit margins – such as snacks and soft drinks – suffer.
Wednesday, June 29, 2022
Biden Is Wrong: Don’t Blame Oil Companies For $5 Per Gallon Gas
Why Aren’t Oil Companies Drilling More? In addition to urging Congress to suspend a federal gas tax for three months to combat record-high prices, President Joe Biden called upon individual gasoline stations to lower prices. He called upon owners to “bring down the price you are charging at the pump.”
