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Gasoline Prices: Battle Between Joe Biden and Amazon President Jeff Bezos

  




The liter of gasoline in the United States rose above the symbolic threshold of $5 for the first time in early June. It has since fallen but still remains very high compared to $3.10 a year ago.




In this long weekend and travel period for Americans, due to the national holiday, July 4, which falls on a Monday, Joe Biden scolded the tankers on Twitter: My message to companies that operate gas stations and set prices at the pump is simple: This is a time of war and global danger.

A statement that irritated Jeff Bezos, founder of Amazon: Inflation is far too big of a problem for the White House to continue making such statements. He sided with the oil giants who constantly explain that prices on the world market are set and subject to dynamics beyond their control.

The White House brought out the heavy artillery to retaliate. His spokeswoman, Karine Jean-Pierre, came to the rescue of Joe Biden on Sunday by noting on Twitter that crude oil prices have fallen.” around $15 in the past month "but that the prices at the pump" barely came down

Lower the price by at least a dollar a gallon

John Kirby, who coordinates White House communications on strategic issues, also defended Joe Biden.

The president is working very, very hard on several fronts to try and bring prices down He assured at the pump, before mentioning, among other things, his proposal to suspend the federal tax on gasoline during the summer. Objective : " drop the price by at least about a dollar a gallon".

Prices at the pump are also a topic of discussion in France. Fabien Roussel, communist deputy, explained in late June that he was preparing to introduce a bill for " to immediately cut the gasoline tax by 35 cents" and to "tax the profits of oil companies" Republicans also want a fuel tax to bring pump prices back below 1.50 per liter.

Bruno Le Maire is on his way

Clément Beaune, the minister's deputy for Europe, then replied: " there is no question of introducing a tax " but nowe will ask oil companies to make efforts to lower prices at the pump An argument already advanced by Bruno Le Maire, Minister of Economy: “ We want these rebates and these rebates right at the pump on the price of the liter rather than going through the state through a tax that then has to be redistributed

He put pressure on TotalEnergies to lower prices at the pump. The tanker has already granted its customers a discount of 10 cents per liter of fuel in the spring. The oil group also announced a 12 cents per liter of fuel cut at its motorway service stations this summer. Bruno Le Maire requires more effort. He also came up with the idea of ​​extending the 18 cent discount at the pump until the end of the year. This measure would expire in July.

When we compare, we console ourselves: Sri Lanka's fuel reserves fell below their daily value on Sunday, bringing public transport to a standstill in this country in the throes of the worst economic crisis since independence in 1948.

 


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