{"id":1365091,"date":"2022-03-08T14:31:11","date_gmt":"2022-03-08T19:31:11","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1365091"},"modified":"2022-03-08T14:31:13","modified_gmt":"2022-03-08T19:31:13","slug":"warren-were-going-to-be-on-oil-companies-profit-margins-should-not-go-up","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/warren-were-going-to-be-on-oil-companies-profit-margins-should-not-go-up\/","title":{"rendered":"Warren: &#039;We&#039;re Going to Be on&#039; Oil Companies, &#039;Profit Margins Should Not Go Up&#039;"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">28<\/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%2Fwarren-were-going-to-be-on-oil-companies-profit-margins-should-not-go-up%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=1365091&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><\/div>\n<p>On Tuesday\u2019s broadcast of MSNBC\u2019s \u201cAndrea Mitchell Reports,\u201d Sen. Elizabeth Warren (D-MA) reacted to President Joe Biden\u2019s ban on U.S. imports of Russian oil and gas by stating that Congress should monitor the profits of oil companies and \u201cprofit margins should not go up. That\u2019s just oil companies gouging when they do that. So, we\u2019re going to be on them on this.\u201d<\/p>\n<p>After Warren praised the Russian oil ban as \u201cthe right thing to do\u201d to put economic pressure on Putin, host Andrea Mitchell stated, \u201cNow, to try to soften the blow at the pump, the blow on consumers at this inflationary time, the president also made an appeal directly and an implied threat maybe jawboning to U.S. oil companies to produce more.\u201d<\/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>After Mitchell played a clip from Biden\u2019s announcement where he stated that oil companies shouldn\u2019t take advantage of the situation, she asked, \u201cSo, should Congress be monitoring profiteering?\u201d<\/p>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<p>Warren responded, \u201cAbsolutely, and actually, we are. I\u2019m co-sponsoring, with Sen. Whitehouse and others, a bill on a windfall profits tax. Look, we get it, supply and demand, that prices go up. But profit margins should not go up. That\u2019s just oil companies gouging when they do that. So, we\u2019re going to be on them on this.\u201d<\/p>\n<p><em>Follow <\/em><em>Ian\u00a0Hanchett on Twitter\u00a0<a class=\"x5l\" href=\"https:\/\/twitter.com\/IanHanchett\" target=\"_blank\" rel=\"noopener external\">@IanHanchett<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Tuesday\u2019s broadcast of MSNBC\u2019s \u201cAndrea Mitchell Reports,\u201d Sen. Elizabeth Warren (D-MA) reacted to President Joe Biden\u2019s ban on U.S. imports of Russian oil and gas by stating that Congress<\/p>\n","protected":false},"author":1,"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-1365091","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\/1365091","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1365091"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1365091\/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=1365091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1365091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1365091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}