← Go back to All Blogs
  • entries
    3,393
  • comments
    169
  • views
    1,027,232

Biden suspects “unlawful” oil and gas mergers are behind higher gasoline prices

The Federal Trade Commission is examining ways to crack down on mergers in the oil and gas industry and investigate whether gas station franchises are driving up gas prices as part of a Biden administration effort to combat higher costs at the pump.

View the full article

Sign in to follow this  
Followers 0


1 Comment


Recommended Comments

Oil is a global market and gasoline prices are based off the going price. That being said hacking FF infrastructure and things like hurricanes can temporarily affect prices. If the US really wanted low gasoline prices they could just set a price or a range. They could also eliminate exports. Millions of barrels are exported daily. 
You would think regulations and enforcement would be in place for price gouging at the gas station level. This isn’t our first fuel shortage rodeo. 

Share this comment


Link to comment
Guest
You are posting as a guest. If you have an account, please sign in.
Add a comment...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.