Dems Who Back Biden’s Crackdown On Fossil Fuels Suddenly Worried About High Gas Prices
SUMMARY
As the 2024 elections approach, Senate Democrats, including Chuck Schumer, Elizabeth Warren, and Bob Casey, are concerned about high gas prices. They signed a letter urging Attorney General Merrick Garland to investigate major energy companies for alleged price collusion. This move revives past claims of oil company profiteering amid rising pump prices. The letter references ExxonMobil’s acquisition of Pioneer Natural Resources and an FTC allegation against Pioneer’s founder, who denies wrongdoing. Many signatories have supported Biden’s climate policies, criticized for contributing to higher fuel costs. Gas prices have increased since 2020, influenced by these policies.