Biden Asks FTC to Examine Oil, Gas Companies’ Role in High Gasoline Prices
Posted on AllSides November 17th, 2021
From The Center
PHOTO: JOHN TULLY/GETTY IMAGES
President Biden called on the Federal Trade Commission to investigate whether oil-and-gas companies are participating in illegal conduct aimed at keeping gasoline prices high.
In a Wednesday letter to FTC Chair Lina Khan, Mr. Biden alleged that there is “mounting evidence of anti-consumer behavior by oil-and-gas companies.” He said gasoline prices are rising even as the price of unfinished gasoline goes down.
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