House GOP Launches Giveaway To Big Oil; Blames Biden For Gas Prices
by Shauneen Miranda, Florida Phoenix
May 23, 2024
WASHINGTON — As Democrats continue to ramp up their push against the oil industry, Senate Majority Leader Chuck Schumer and others on Thursday called out big oil companies and their executives for high gas prices heading into the heavily traveled Memorial Day weekend.
Republicans in turn have blamed President Joe Biden’s energy policies for high gas prices, with the potency of the issue for both parties illustrated by a new poll in seven battleground states that shows the economy and cost of living at the top of voters’ minds in the 2024 campaign for the presidency.
The Biden administration earlier this week said 1 million gallons of oil will be released from reserves in the northeastern United States, in an effort to curb prices ahead of summer driving. And officials with the Biden campaign pointed out Thursday a Wall Street Journal report that prices are trending downward even before the weekend.