https://sputnikglobe.com/20220317/schumer-calls-on-us-oil-companies-to-testify-before-senate-amid-rising-gasoline-prices-1093944097.html
Schumer Calls on US Oil Companies to Testify Before Senate Amid Rising Gasoline Prices
Schumer Calls on US Oil Companies to Testify Before Senate Amid Rising Gasoline Prices
Sputnik International
WASHINGTON (Sputnik) - Senate majority leader Chuck Schumer wants to see US Big Oil companies’ executives testifying before the Senate amid the surge in... 17.03.2022, Sputnik International
2022-03-17T03:28+0000
2022-03-17T03:28+0000
2022-03-17T03:28+0000
oil prices
oil companies
chuck schumer
us
joe biden
ukraine
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“Unbelievable: Big Oil is telling consumers to just wait for prices to go down even though the price of oil is already dropping,” Schumer said via Twitter on Wednesday. “We are calling Big Oil executives to testify before the Senate.”Earlier on Wednesday, President Joe Biden also appealed to US oil giants with a request to reduce gasoline prices in view of the fall in the commodity prices in recent days.US gasoline prices broke record last week surging over $4 per gallon for the first time since 2008 following Biden’s decision to ban oil and gas imports from Russia amid its special operation in Ukraine.Despite declining oil prices over the past few days, US gasoline prices have continued to rise and only today fell by a modest 2 cents to $4.3 per gallon.
https://sputnikglobe.com/20220316/cmon-man-biden-begs-oil-companies-to-lower-gasoline-prices-after-wholesale-price-dips-1093938518.html
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oil prices, oil companies, chuck schumer, us, joe biden, ukraine
oil prices, oil companies, chuck schumer, us, joe biden, ukraine
Schumer Calls on US Oil Companies to Testify Before Senate Amid Rising Gasoline Prices
WASHINGTON (Sputnik) - Senate majority leader Chuck Schumer wants to see US Big Oil companies’ executives testifying before the Senate amid the surge in gasoline prices while oil continues to tumble.
“Unbelievable: Big Oil is telling consumers to just wait for prices to go down even though the price of oil is already dropping,” Schumer said via Twitter on Wednesday. “We are calling Big Oil executives to testify before the Senate.”
Earlier on Wednesday, President Joe Biden also appealed to US oil giants with a request to reduce gasoline prices in view of the fall in the commodity prices in recent days.
US gasoline prices broke record last week surging over $4 per gallon for the first time since 2008 following Biden’s decision to ban oil and gas imports from Russia amid its special operation in Ukraine.
Despite declining oil prices over the past few days, US gasoline prices have continued to rise and only today fell by a modest 2 cents to $4.3 per gallon.
