US energy producers roast Biden over gas prices tweet they suggest is written by a 'White House intern' who should 'register for Econ 101 for the fall semester'
- President Joe Biden tweeted that 'companies running gas stations' should simply lower their prices
- But the U.S. Oil & Gas Association roasted Biden for the tweet on Sunday, telling the president to 'please make sure the White House intern who posted this tweet registers for Econ 101 for the fall semester'
- Jeff Bezos took issue with the same tweet, with billionaire accusing Biden of putting US on wrong track
- Gas prices had been climbing to daily record-highs for weeks until mid-June before easing somewhat
US energy producers have hit back at Joe Biden after the president tweeted that 'companies running gas stations' should simply 'bring down the price you are charging at the pump'.
The U.S. Oil & Gas Association roasted Biden for the tweet, telling the president to 'please make sure the White House intern who posted this tweet registers for Econ 101 for the fall semester'.
The jibe comes after Amazon founder Jeff Bezos took issue with the same tweet, with the billionaire suggesting Biden is either ignorantly or knowingly putting the United States on the wrong track.
Biden tweeted from his official White House handle on Saturday: 'My message to the companies running gas stations and setting prices at the pump is simple: this is a time of war and global peril.
'Bring down the price you are charging at the pump to reflect the cost you're paying for the product. And do it now.'
But Biden faced criticism for the tweet, with the U.S. Oil & Gas Association tweeting in response: 'Working on it Mr. President. In the meantime - have a Happy 4th and please make sure the WH intern who posted this tweet registers for Econ 101 for the fall semester.'
Meanwhile, Bezos criticized Biden for calling on companies to lower sky-high gasoline prices, which have soared to about $5 a gallon in many parts of the country.
Bezos said Biden's remarks amounted to 'either straight ahead misdirection or a deep misunderstanding of basic market dynamics.'
'Ouch. Inflation is far too important a problem for the White House to keep making statements like this,' the US billionaire tweeted Saturday.
Gasoline prices at the pump have become a symbol of broader price rises in the United States, and they are sapping Biden's approval rating ahead of midterm elections in November.
US energy producers have hit back at Joe Biden after the president tweeted that 'companies running gas stations' should simply 'bring down the price you are charging at the pump'
The U.S. Oil & Gas Association roasted Biden for the tweet, telling the president to 'please make sure the White House intern who posted this tweet registers for Econ 101 for the fall semester'
Meanwhile, Bezos criticized Biden for calling on companies to lower sky-high gasoline prices, which have soared to about $5 a gallon in many parts of the country
Biden has regularly attacked oil companies, saying they only care about profits and not the well-being of the average consumer.
The companies say in turn they have increased production to try to tame prices but that these are set on the world market and are subject to dynamics that are not under the control of US oil giants.
The president's message caught the attention of the third richest person in the world, Amazon founder and former CEO Jeff Bezos
During the 2020 election cycle, Amazon donated $1.7 million to the Biden campaign
Another of those who responded was Texas Senator Ted Cruz who tweeted:'My message to the guy running your teleprompter. It's YOUR fault. Reverse the dozens of executive orders, regulations & agency actions targeting American energy, and gas prices will fall... FAST. #Bidenflation.'
On July 1, Biden economic advisor Brian Deese said that Americans should 'stand firm' on paying record-high gas prices because the 'future of the liberal world order' is more important.
'What do you say to those families that say, 'listen, we can't afford to pay $4.85 a gallon for months, if not years?' the director of the National Economic Council was asked on CNN Thursday.
'What you heard from the president today was a clear articulation of the stakes. This is about the future of the Liberal World Order and we have to stand firm,' he replied.
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