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US Democrats find themselves at the mercy of Big Oil ahead of the midterms

November 7th, 2022
Categories: News

Link: https://www.rt.com/news/565868-joe-biden-oil-midterms/

Joe Biden has asked oil companies to increase supply and lower prices at their own expense while threatening them with higher taxes. But will it help the Democrats’ election chances? | In direct opposition to the Democratic Party’s green agenda, US President Joe Biden has ordered the oil industry to ramp up production and lower prices – or else. But does the US leader have the power to control the free market?  As public sentiment over the US economy begins to boil, Biden is attempting to shift the blame onto the oil industry for hoarding profits while keeping prices at the pumps excessively high, thereby strangling economic growth.

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