Brandon Demands Gas Stations Lower Prices Or Something

Unfortunately, independently owned gas stations cannot afford to operate at a loss, unlike the federal government. Still wondering why the elected Republicans do not offer legislation requiring Biden to give up his fossil fueled travel, especially for his weekends off, as well as for his staff and appointed officials, till 87 gas goes below $3.00 a gallon. Unless they want to pay for it themselves

Joe Biden Demands Gas Stations Lower Prices: ‘Do It Now’

President Joe Biden demanded Wednesday that gas stations start lowering their prices, in his latest attempt to address record-high prices this summer.

“To the companies running gas stations and setting those prices at the pump, this is a time of war, global peril, Ukraine,” he said.

The president spoke about the record high gas prices occurring during his administration during a speech on his imitation White House set across the street.

“These are not normal times. Bring down the price you are charging at the pump to reflect the cost you are paying for the product,” Biden said. “Do it now. Do it today.”

So, make zero profit? That totally makes sense, right? Does Brandon understand that most of those stations are not owned by the gas companies, but, are licensed, much like most fast food places are franchises, not owned by companies like Burger King and Subway?

Do the major oil companies own all the service stations in this country?

No. According to the latest information, the refiners own less than 5% of the 145,000 retail stations. When a station bears a particular refiner’s brand, it does not mean that the refiner owns or operates the station. The vast majority of branded stations are owned and operated by independent retailers licensed to represent that brand. According to the National Association of Convenience Stores (NACS), more than 60% of the retail stations in the US are owned by an individual or family that owns a single store. Through various branding agreements, approximately 36% of the retail stations in the US sell fuel under API members’ brands. See U.S. Service Station Outlets Summary.

That’s the reality

Biden griped that the price of oil had fallen slightly, but the price of gas had not.

“Some haven’t reduced prices at all,” he complained.

Biden called for congress to pass a federal gas tax holiday and urged states to do so as well, noting that it could help reduce prices.

“I’m doing my part,” he said defensively. “I want the congress, states, the industry to do their part as well.”

Doing his part? Asking Congress to waive 18.4 cents a gallon? While taking a lot of fossil fueled travel on the taxpayer dime? How much fuel is used to helicopter Joe to Delaware? That’s like putting Flex Tape on a leaking car radiator. Gas stations make about 10 cents per gallon. States make way more than that. How about declaring that the federal government will fast track new, next gen refineries? It’d be funny as hell if the gas stations near Joe’s Delaware beach house refused to sell gas to him for his large convoy.

The post Brandon Demands Gas Stations Lower Prices Or Something appeared first on Pirate’s Cove.