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Biden floats windfall tax on energy producers

Biden delivered remarks to respond "to reports over recent days of major oil companies making record-setting profits" while gas prices remain high.

United statesWhite houseDistrict of columbiaMike sommersAnne bradburyElizabeth warrenJoe bidenMaria cantwellGavin newsomJamie hennMatt rourkeBernie sandersPennsylvania democratic partyAmerican petroleum instituteAmerican exploration production councilSenate commerce committee

Biden paints oil firms as war profiteers, talks windfall tax

President Joe Biden is raising the possibility of imposing a windfall tax on oil companies if they don’t boost domestic production. This comes as his administration aims to combat high

United statesWhite houseDistrict of columbiaMike sommersAnne bradburyMatthew dalyElizabeth warrenMaria cantwellGavin newsomJamie hennBernie sandersAssociated pressAmerican petroleum instituteAmerican exploration production councilSenate commerce committeeOil profiteering big

Biden accuses oil companies of war profiteering and threatens windfall tax | Joe Biden

A week out from US midterm elections, president pleads with energy firms to invest profits in lowering costs for American consumers

United statesWhite houseDistrict of columbiaGavin newsomMike sommersAnne bradburyJamie hennElizabeth warrenJoe bidenBernie sandersAmerican petroleum instituteAmerican exploration production councilOil profiteering bigPresident joe bidenCalifornia governor gavin newsomPresident biden

US midterms 2022: Joe Biden threatens windfall tax on oil profits one week before vote

The US president demands energy firms ramp up production and lower gas prices - a pressing issue for US voters.

United statesJamie hennJoe bidenKevin bradyPresident joe bidenWhite housePresident bidenRepresentative kevin bradyOil profiteering

Political Game Changer: Biden Calls for Tax on Big Oil s Excess Profits

“This is exactly the type of leadership we’ve been waiting for from President Biden,” one climate activist said.

United statesNancy pelosid californiaRo khannad californiaJamie hennJoe bidenSenate majority leader chuck schumerd new yorkBig oilPresident joe bidenPresident bidenBernie sandersSheldon whitehouseD rhode islandJoe manchinD west virginiaOil profiteeringSenate majority leader chuck schumer

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