{"id":1024028,"date":"2021-11-17T15:28:44","date_gmt":"2021-11-17T20:28:44","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1024028"},"modified":"2021-11-17T15:28:46","modified_gmt":"2021-11-17T20:28:46","slug":"joe-biden-blames-record-high-energy-prices-on-oil-companies-calls-for-investigation","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/joe-biden-blames-record-high-energy-prices-on-oil-companies-calls-for-investigation\/","title":{"rendered":"Joe Biden Blames Record High Energy Prices on Oil Companies, Calls for Investigation"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fjoe-biden-blames-record-high-energy-prices-on-oil-companies-calls-for-investigation%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1024028&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/11\/joe-biden-point-and-yell-november-6-2021-ap-photo-640x335-1.jpg\" class=\"ff-og-image-inserted\" \/><\/div>\n<p class=\"subheading\">President Joe Biden on Wednesday dodged responsibility for record-high energy prices and asked the&nbsp;Federal Trade Commission to investigate oil companies for \u201canti-competitive behavior.\u201d<\/p>\n<p>With nationwide gas prices <a href=\"https:\/\/www.breitbart.com\/economy\/2021\/11\/08\/report-biden-harris-admin-considers-closing-second-pipeline-as-gas-prices-soar\/\">reaching<\/a> historic highs, inflation <a href=\"https:\/\/www.google.com\/url?client=internal-element-cse&amp;cx=partner-pub-9229289037503472:6795176714&amp;q=https:\/\/www.breitbart.com\/economy\/2021\/11\/15\/big-business-inflation-squeezes-customers-but-fattens-profits\/&amp;sa=U&amp;ved=2ahUKEwj5-pqi-5_0AhUHRTABHRImAGYQFnoECAAQAg&amp;usg=AOvVaw3qy68AXBh5yZGIBxHw2Rtp\">marking<\/a> a&nbsp;thirty-year high, and a supply chain that seems permanently <a href=\"https:\/\/www.google.com\/url?client=internal-element-cse&amp;cx=partner-pub-9229289037503472:6795176714&amp;q=https:\/\/www.breitbart.com\/economy\/2021\/10\/13\/moodys-report-supply-chain-crisis-will-get-worse\/&amp;sa=U&amp;ved=2ahUKEwiq4o6y-5_0AhVoSTABHRz7DlsQFnoECAIQAQ&amp;usg=AOvVaw2E_zAn-n41uAEhdWzLkEPs\">broken<\/a>, President Biden is presumably seeking to escape responsibility for his failed energy agenda by placing blame on oil companies.<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<p class=\"Text__text___3eVx1j Text__dark-grey___AS2I_p Text__regular___Bh17t- Text__large___1i0u1F Body__base___25kqPt Body__large_body___3g04wK ArticleBody__element___3UrnEs\">\u201cI do not accept hard-working Americans paying more for gas because of anti-competitive or otherwise potentially illegal conduct,\u201d President Biden <a href=\"https:\/\/twitter.com\/Phil_Mattingly\/status\/1460992592536088584?s=20\">said<\/a>.&nbsp;\u201cI therefore ask that the Commission further examine what is happening with oil and gas markets, and that you bring all of the Commission\u2019s tools to bear if you uncover any wrongdoing.\u201d<\/p>\n<p class=\"Text__text___3eVx1j Text__dark-grey___AS2I_p Text__regular___Bh17t- Text__large___1i0u1F Body__base___25kqPt Body__large_body___3g04wK ArticleBody__element___3UrnEs\">\u201cThe Federal Trade Commission has authority to consider whether illegal conduct is costing families at the pump,\u201d Biden referenced&nbsp;the record-setting gas prices around the country. \u201cI believe you should do so immediately.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\" readability=\"11.472677595628\">\n<p lang=\"en\" dir=\"ltr\">Pres. Biden, saying there is \u201cmounting evidence of anti-consumer behavior by oil and gas companies,\u201d in letter to the FTC: \u201cThe Federal Trade Commission has authority to consider whether illegal conduct is costing families at the pump. I believe you should do so immediately.\u201d <a href=\"https:\/\/t.co\/0SCa26hiqG\">pic.twitter.com\/0SCa26hiqG<\/a><\/p>\n<p>\u2014 Phil Mattingly (@Phil_Mattingly) <a href=\"https:\/\/twitter.com\/Phil_Mattingly\/status\/1460992592536088584?ref_src=twsrc%5Etfw\">November 17, 2021<\/a><\/p>\n<\/blockquote>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<p>President Biden\u2019s request for the agency to investigate oil companies comes as the Biden-Harris administration has conducted a regulatory war on American energy.<\/p>\n<p>Just after taking office, Biden revoked the Keystone XL Pipeline. The pipeline would have transported 35 million gallons of crude oil per day from Nebraska to the Gulf Coast.<\/p>\n<p>Biden has also allowed Russia to access European energy markets by building a pipeline from Russia to Germany. The project is a direct hit to American producers who sell oil to European nations.<\/p>\n<p>President Biden is also <a href=\"https:\/\/www.breitbart.com\/economy\/2021\/11\/08\/report-biden-harris-admin-considers-closing-second-pipeline-as-gas-prices-soar\/\">weighing<\/a> whether to cancel a 78-year-old Line 5 oil Michigan pipeline. The pipeline may be terminated because&nbsp;12 federally recognized tribes asked the administration to do so.<\/p>\n<p>According to a&nbsp;<em>Politico<\/em>\/Morning Consult poll on Wednesday, just 40 percent of registered voters&nbsp;<a href=\"https:\/\/www.politico.com\/f\/?id=0000017d-2b95-d8e1-a57d-ebfdd0cf0000\">approve<\/a> of Biden\u2019s energy policies. The poll also revealed the majority of voters believe President Biden is untrustworthy, dishonest, and incapable of leading the nation.<\/p>\n<p><em>Follow Wendell Huseb\u00f8 on Twitter&nbsp;<\/em><a href=\"https:\/\/twitter.com\/WendellHusebo?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor\"><em>@WendellHuseb\u00f8<\/em><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden on Wednesday dodged responsibility for record-high energy prices and asked the\u00a0Federal Trade Commission to investigate oil companies for \u201canti-competitive behavior.\u201d With nationwide gas prices reaching historic highs, &#8230;<\/p>\n","protected":false},"author":21,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1024028","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1024028","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1024028"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1024028\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1024028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1024028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1024028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}