• 4 minutes The Federal Reserve and Money...Aspects which are not widely known
  • 8 minutes How Far Have We Really Gotten With Alternative Energy
  • 12 minutes  What Russia has reached over three months diplomatic and military pressure on West ?
  • 7 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 5 days Coincidence of EIA Report Delay? - "I had seen it delayed minutes, and a couple of times a few hours, but don’t recall something like this — do others?" asks Javier Blas
  • 3 days European Parliament Members, Cristian Terhes et al, push back against Totalitarian Digital ID and Carbon Tyranny in Europe.
  • 16 hours Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 2 days "How Long Will The Epic Rally In Energy Stocks Last?" by Tsvetana Paraskova at OILPRICE.COM
  • 5 days "...too many politicians believe things that aren’t true." says Robert Rapier
  • 6 days Demonising fossil fuels has caused major grid problem in Australia
  • 6 days Welcome to Technocracy - The New World Energy Order... "1000s Of Sydney Homes Plunged Into Darkness As Aussie 'Price Cap' Policy Sparks Energy Shortage"
  • 8 days "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"

Breaking News:

Oil Likely To Hit $200: SEB Group

57% Of Americans Dissatisfied With Biden's Handling Of Energy Crisis

A little over half of the respondents in a Rasmussen survey rated President Biden's handling of the U.S. economy as "poor," and they appear not to accept Biden's explanation of whose fault high gasoline prices are.

The U.S. President has blamed Russian President Vladimir Putin and oil companies for the fuel price increase, with White House official communication referring to it as Putin's Price Hike.

Apparently, this is not good enough for voters, based on the Rasmussen survey responses: Only 29% of voters think that oil companies are to blame for rising fuel costs, and only 11% blame Russian President Putin. Instead, 52% of those surveyed believe that President Biden's policies are the culprit.  

The number of voters approving of Biden's handling of the economy has slipped from 32 percent in December to 27 percent this month.

Meanwhile, 57 percent said the President's handling of the economy has been poor, which is slightly up from 55 percent in December.

Although modest in its sample of 1,000, the Rasmussen survey is not the only one pointing toward dissatisfaction among voters of federal energy policies. An earlier poll from this month, conducted by Reuters and Ipsos, suggested that approval for President Biden had fallen to 39 percent, close to the lowest since he took office.

The President has been quite active in his attempts to rein in fuel prices, but so far, nothing has had a lasting effect. Among the measures taken so far was the planned release of a total of 180 million barrels of crude from the strategic petroleum reserve, appeals—and threats—to the oil industry to pump more, and appeals to the refining industry to refine more.

In a recent letter to the oil industry, Biden wrote that he was "prepared to use all reasonable and appropriate Federal Government tools and emergency authorities to increase refinery capacity and output in the near term."

The latest news from the price control camp is that the President is about to announce a gas tax holiday, which would lighten up the financial load on drivers but will reduce a revenue stream for infrastructure projects.

By Irina Slav for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News