Biden slams Exxon for 'making more money than God' as Americans pay record gas prices

[gemini104104]

Instead of deranged and sadistic idiots blaming President Biden for inflated gas prices, put the blame where it belongs on oil companies and repukes who obstruct legislation against gas price gouging:

President Joe Biden blasted Exxon on Friday, taking the energy giant company to task for raking in record profits as Americans pay record-high prices at the pump.

"We're gonna make sure that everybody knows Exxon's profits," Biden said in response to a question after the conclusion of a speech in California about rising inflation. "Exxon made more money than God this year and, by the way, nothing has changed."

Earlier Friday morning, the Labor Department reported that the Consumer Price Index, a key inflation indicator, rose 8.1% in May. That means soaring prices are once again hitting record highs, this time notching the highest point since December 1981. And once again, energy costs were the leading driver.

As to Biden's point about Exxon, the company's shares closed on Thursday at their highest level since 2014, The Wall Street Journal reported. The Journal, citing FactSet, said that Exxon was trading "​​this week at 11 times its projected earnings over the next 12 months." A representative for Exxon did not immediately respond to a request for comment."

https://www.businessinsider.com/bid...2G32Edq7IH0TzWnesJbtwNHJOB_7uvU3LsvS_wNOcz0LE

 

[cancel2 2022]

https://twitter.com/x/status/1535788374048575489

 

[Hawkeye10]

And they (The Revolution) says to drill, that the lack of product is their fault, after telling them something else all the way up to here, and behind closed doors.

Buckle Up, this son of a bitch is going down.

 

[LurchAddams]

Instead of deranged and sadistic idiots blaming President Biden for inflated gas prices, put the blame where it belongs on oil companies and repukes who obstruct legislation against gas price gouging:

President Joe Biden blasted Exxon on Friday, taking the energy giant company to task for raking in record profits as Americans pay record-high prices at the pump.

"We're gonna make sure that everybody knows Exxon's profits," Biden said in response to a question after the conclusion of a speech in California about rising inflation. "Exxon made more money than God this year and, by the way, nothing has changed."

Earlier Friday morning, the Labor Department reported that the Consumer Price Index, a key inflation indicator, rose 8.1% in May. That means soaring prices are once again hitting record highs, this time notching the highest point since December 1981. And once again, energy costs were the leading driver.

As to Biden's point about Exxon, the company's shares closed on Thursday at their highest level since 2014, The Wall Street Journal reported. The Journal, citing FactSet, said that Exxon was trading "​​this week at 11 times its projected earnings over the next 12 months." A representative for Exxon did not immediately respond to a request for comment."

https://www.businessinsider.com/bid...2G32Edq7IH0TzWnesJbtwNHJOB_7uvU3LsvS_wNOcz0LE

I have been telling everyone who will listed that no president can effect supply and demand. If consumers are willing to pay it, petroleum companies will charge it.

It's political theater for Republicans to be blaming Biden for fuel prices. But with the 1/6 committee presentation happening and the typical cruel GOP response to recent mass shooting, the GOP has to try to stop the bleeding somehow. It's desperation.

 

[LurchAddams]

And they (The Revolution) says to drill, that the lack of product is their fault, after telling them something else all the way up to here, and behind closed doors.

Buckle Up, this son of a bitch is going down.

This is your typical illegible scribbling! I'm sorry to be so direct but your tone is unnecessarily harsh. Please try to show a little more poise in your decorum.

 

[saltydancin]

And they (The Revolution) says to drill, that the lack of product is their fault, after telling them something else all the way up to here, and behind closed doors.

Buckle Up, this son of a bitch is going down.

Politicians chose preying & praying for their national religion of Islamidiotocracy to eff America with 9/11 Arab "death to the infidels" Federal Lynching KKK churchstate of hate fiefdom enforcement & now continued economic Nazism with rising gas prices after their "man is God" thieving US Constitution - old glory - old testament arsonists "serve the Pope or die" Christiananality pedophilia crusade - jihad with more suicidal super ego patriot acts as if they are still the Christian Nation's second coming.