
The 46th United States President Joe Biden has taken to his official social media handle to express his anger and to make a declaration against all oil production companies in United States suggests his best way of bringing down the cost of petrol pump price.
According to President Joe Biden, he queried on why most oil production companies pays heavily high to well established shareholders instead of Investing in lowering cost and production for Americans.
He wrote:
Oil companies made billions in profits this quarter.
They’re using these record profits to pay out their wealthy shareholders instead of investing in production and lowering costs for Americans.
It’s unacceptable. It’s time for these companies to bring down prices at the pump.
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