I'm from the US. I'm talking about the President of the US. When gas went up in 4th quarter last year he said he was going to make sure Americans aren't gouged.
He's not talking like that anymore. His whole admin is moving on and pushing elec cars. Even scoffing about people that have elec cars aren't affected by the gas prices. Acknowledging that not everyone can afford elec cars but yet not saying what they'll do to relieve the stress on Americans.
Oh, and the price of oil is determined on the market as a traded commodity. Then tax subsidies are used to reduce the price of the end product by half.
What did i dodge? Biden is taking a different tone. Even today he tweeted putting it back on oil companies. He is not communicating anything his administration will do or are doing.
Anyways, and the price of oil is determined on the market as a traded commodity. Then tax subsidies are used to reduce the price of the end product by half.
That doesn't work. There was a reason for a short market in 2020. It's 2022 and we need to work and live. He can at least do what he said in Nov and make sure we aren't gouged at the pump.