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“Former oil exec warns ‘gas will exceed $5 again’ amid recession worries” Joe Petrowski, former CEO of Cumberland Farms Gulf Oil Group, said on Monday that he is “absolutely certain” the United States will be in a recession. Speaking on “Mornings with Maria,” he noted that a recession usually comes along with “every energy crisis,” especially…
“Biden may lift Chinese tariffs in bid to tackle inflation: report” President Biden is poised to roll back tariffs on some Chinese imports in an effort to slow soaring rates of inflation not seen in the country for decades. A decision by Biden could be announced as soon as this week, according to The Wall…
“US energy producers roast Biden for demanding companies to lower gas prices” The U.S. Oil & Gas Association took a hit at President Biden after he tweeted on Saturday that “companies running gas stations” should simply “bring down the price you are charging at the pump,” telling him that he should “please make sure the WH intern…
“Jeff Bezos blasts Biden for blaming gas companies for prices” Amazon founder Jeff Bezos ripped President Biden for blaming sky-high prices at the pump on gas station companies — accusing the commander-in-chief of either employing “misdirection” or of displaying a “deep misunderstanding” of economic fundamentals. In a tweet on Saturday, Biden wrote: “My message to…
“Why won’t Biden lift tariffs and other commentary” Libertarian: Why Won’t Biden Lift Tariffs? “Removing tariffs could save American households $800 this year. What is the White House waiting for?” asks Reason’s Eric Boehm. President Biden says “his top domestic priority is helping Americans weather a surge in prices the likes of which haven’t been…
“Biden’s begging oil companies to produce — while wanting to bankrupt them” Doesn’t it seem like just yesterday Joe Biden was running for president promising that he would practically hit energy companies over the head with a two-by-four if they kept producing so much “dirty” gas and oil? His energy plan was to drive oil…
“‘Breaking Bad’ star Dean Norris has message about gas price anger” A star from the AMC hit series “Breaking Bad” has little sympathy for Americans complaining about record-high gas prices. Dean Norris, who played the likable yet gullible DEA agent Hank Schrader in the critically acclaimed series, went viral on Twitter with a tweet on…
“Gas prices too high? It’s all part of Biden’s plan to eliminate fossil fuels” If you think gas prices are high now, just wait. They’re going much higher, thanks to President Joe Biden’s “irreversible” plan to eliminate fossil fuels. Truth is, your pain at the pump is being planned and executed by the White House. Over the…
“US gas average reaches $5 for first time ever” The hits just keep coming. For the first time in history, the national average for a gallon of gasoline has topped $5, another grim milestone as rampant inflation continues to punish consumers. The AAA motor club reported Saturday that the average price for a regular gallon…
“Inflation stayed red-hot in May as high energy prices drive soaring prices” American consumers continue to be weighed down by soaring levels of inflation as the consumer price index remained at a sky-high clip of 8.6% — the highest since 1981 — thanks to skyrocketing oil prices as well as the rising cost of food,…