{"id":1384943,"date":"2022-03-16T19:06:47","date_gmt":"2022-03-16T23:06:47","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1384943"},"modified":"2022-03-16T19:07:06","modified_gmt":"2022-03-16T23:07:06","slug":"dem-rep-smith-id-be-surprised-if-oil-companies-werent-profiteering","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/dem-rep-smith-id-be-surprised-if-oil-companies-werent-profiteering\/","title":{"rendered":"Dem Rep. Smith: &#039;I&#039;d Be Surprised&#039; if Oil Companies Weren&#039;t Profiteering"},"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\">22<\/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%2Fdem-rep-smith-id-be-surprised-if-oil-companies-werent-profiteering%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=1384943&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 Wednesday\u2019s broadcast of CNN\u2019s \u201cNew Day,\u201d Rep. Adam Smith (D-WA) stated that he would be surprised if oil companies weren\u2019t engaging in profiteering on gas prices and Congress needs to \u201ckeep an eye on that and try to make sure that the oil companies don\u2019t take advantage of the situation.\u201d<\/p>\n<p>Co-host Brianna Keilar asked, \u201cOil prices, as you know, are falling. Gas prices, they\u2019re not following yet, but they are expected too. And one of your colleagues, Alexandria Ocasio-Cortez, says that there is profiteering that is happening by oil companies. Do you agree with that?\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>Smith responded, \u201cI\u2019d be surprised if it wasn\u2019t the case. It\u2019s kind of what oil companies do. They try to make as much money as possible. It\u2019s been a long-running battle for years between policymakers and oil companies and also oil-producing nations to try to drive down the price. And by and large, people who are selling things, they want the price to be higher. People who are buying them want the price to be lower. We have to set policy to try to make sure that the consumer is not taken advantage of. So, absolutely, we need to keep an eye on that and try to make sure that the oil companies don\u2019t take advantage of the situation.\u201d<\/p>\n<p><em>Follow 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 Wednesday\u2019s broadcast of CNN\u2019s \u201cNew Day,\u201d Rep. Adam Smith (D-WA) stated that he would be surprised if oil companies weren\u2019t engaging in profiteering on gas prices and Congress needs<\/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-1384943","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\/1384943","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=1384943"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1384943\/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=1384943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1384943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1384943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}