The national average gas price was $4.16 a gallon for regular on Wednesday, up from $2.87 a year ago, according to AAA.
Noting that prices were increasing before Russia invaded Ukraine in late February, McMorris Rodgers said Americans “are too smart and have not fallen for this” claim by Biden and other Democrats. She called the hearing “purely political.” Rep. Kim Schrier, D-Wash., said gas prices are close to $5 per gallon in her Seattle-area district. Her constituents “are mad, and they should be,” she said, citing the record profits oil companies are reaping.
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.
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'Why are gas prices still high, even after crude-oil prices came down?' — energy CEOs grilled at House hearingExecutives from major oil companies defended themselves at a U.S. House hearing on high gasoline prices, as Democratic lawmakers asked pointed questions. U.S. drivers last month paid record-high prices for gasoline. AMAZING COMMUNITY Amazing Dev Team Minato is going for 1 spot Only 1 Million supply & Multi Chained 🔥 Minato Token 🔥 Minato MinatoWays MinatoMetaverse MinatoMindset Bandai Gundam MarkMugen BoredApeYC binance ElonMusk Elon This system cannot be reformed US Oil executives questioned is nothing but a smok screen to show US residents that half dead Jo Biden is not the cause of the 'Misery' plagueing their cushy lives. Biden fights a bear! People in the US get mauled by the repercussion caused by Biden's actions. Ironic.. bitcoin
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