Biden's climate allies ramp up Big Oil attacks ahead of earnings reports
the "rockets & feathers" phenomenon — where crude oil prices rise like a rocket, while gas prices fall like a feather — Democrats remain outraged that the two prices don't move in more synchronized ways.The Biden administration and the oil companies have been engaged in chippy back-and-forth on who is to blame for high gas prices, which climbed above $5 per gallon in June but have since dropped to around $4.
36,"We're going to make sure everybody knows Exxon's profits,” Biden said in June. "Exxon made more money than God this year."his energy secretary to meet with them on ways to lower gas prices.The oil and gas industry has bristled at the White House’s rhetoric and repeatedly called on Biden to pursue more domestic oil and gas exploration,"We urge the president to prioritize unlocking U.S.
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