So Biden NOW blames mom-pop gas station owners as price gouging..

[healthmyths]

Biden accused of demonizing mom-and-pop gas station owners while Fed chair contradicts 'Putin' excuse​

Later Wednesday, Biden admonished service station owners, saying "this is a time of war [and] global peril."
"To the companies running gas stations and setting those prices at the pump… bring down the price you are charging at the pump to reflect the cost you are paying for the product," he said.

Biden accused of demonizing mom-and-pop gas station owners while Fed chair contradicts 'Putin' excuse

Brian Kilmeade and the panel on "The Five" sounded off Wednesday on President Biden's continued confrontations with the oil and gas industry, as prices soar.

www.foxnews.com

So how many gas stations owned by mom-and-pops?
More than 60% of convenience stores are independently owned.

America's gas stations and convenience stores grapple with an uncertain future

For much of their history, gas stations and convenience stores have been small, often independent businesses. But the industry is quietly undergoing changes brought about by shifts in technology and consumer tastes.

www.cnbc.com

127,588 of these stations are convenience stores selling fuel. or over 76,000 are mom-pops!

Service Station FAQs

Find the answers to frequently asked questions about service stations, gasoline mileage, and how much we pay in fuel taxes.

www.api.org

So Biden first blames oil companies... the first step in oil production exploration! And he tells those people the following:
"I want you to look into my eyes, I guarantee We Are Going To Get Rid of Fossil Fuels”


So if you are an oil company and YOU ARE told your industry is to be out of business as a goal of the president. What would you do?
Raise prices and stop spending money in exploration.
Then Biden warns these same companies... “we should put them in jail” when talking about fossil fuel executives.

Joe Biden on fossil fuel executives: 'We should put them in jail!'

Joe Biden said Sunday that fossil fuel executives should be jailed - but failed to mention that his son was on the board of a Ukrainian natural gas firm.

www.dailymail.co.uk

THEN Biden RAISES the oil companies exploration costs on lands that provide 24% of oil and gas.
Biden ACTION raise costs!
The royalty rate for new leases will increase to 18.75% from 12.5%.
That's a 50% jump and marks the first increase to royalties for the federal government since they were imposed in the 1920s.

Biden increases oil royalty rate and scales back lease sales on federal lands

The U.S. government will sharply boost royalty rates for companies as federal officials weigh efforts to fight climate change against pressure to bring down high gasoline prices.

www.npr.org

Again oil companies ask... if we aren't going to be in business and be thrown in jail AND now OUR costs go up?
GEEZ
So NOW he is blaming Mom-and-pop Americans of price gouging!
How truly totally economically ignorant!
Biden tells an industry he wants them out of business and in jail and raises the costs of their doing exploration!
NOW Dumb ass Biden is telling mom-and-pops ..."to reflect the cost you are paying for the product," he said.
THAT's exactly what they are DOING! Yes their costs have gone up because Biden tells their suppliers we are going to bankrupt your businesses, throw your executives in jail and oh by the way the costs of finding oil... going up BECAUSE Biden raised the rates!!!

 

[SassyIrishLass]

Potato blames anyone and everyone except the culprit... himself

 

[Moonglow]

Where are these Mom and Pop stores of legend that exist?

 

[johngaltshrugged]

He gets away with it all because Pravda will do whatever Joes puppet masters tell them to do.
If you're an evil & corrupt POS, why not cover yourself by constantly lying if you know there are no consequences?

MSM has done as much or more damage than the UNiparty because they are supposed to be the check on this abuse

 

[Toddsterpatriot]

Biden accused of demonizing mom-and-pop gas station owners while Fed chair contradicts 'Putin' excuse​

Later Wednesday, Biden admonished service station owners, saying "this is a time of war [and] global peril."
"To the companies running gas stations and setting those prices at the pump… bring down the price you are charging at the pump to reflect the cost you are paying for the product," he said.

Biden accused of demonizing mom-and-pop gas station owners while Fed chair contradicts 'Putin' excuse

Brian Kilmeade and the panel on "The Five" sounded off Wednesday on President Biden's continued confrontations with the oil and gas industry, as prices soar.

www.foxnews.com

So how many gas stations owned by mom-and-pops?
More than 60% of convenience stores are independently owned.

America's gas stations and convenience stores grapple with an uncertain future

For much of their history, gas stations and convenience stores have been small, often independent businesses. But the industry is quietly undergoing changes brought about by shifts in technology and consumer tastes.

www.cnbc.com

127,588 of these stations are convenience stores selling fuel. or over 76,000 are mom-pops!

Service Station FAQs

Find the answers to frequently asked questions about service stations, gasoline mileage, and how much we pay in fuel taxes.

www.api.org

So Biden first blames oil companies... the first step in oil production exploration! And he tells those people the following:
"I want you to look into my eyes, I guarantee We Are Going To Get Rid of Fossil Fuels”


So if you are an oil company and YOU ARE told your industry is to be out of business as a goal of the president. What would you do?
Raise prices and stop spending money in exploration.
Then Biden warns these same companies... “we should put them in jail” when talking about fossil fuel executives.

Joe Biden on fossil fuel executives: 'We should put them in jail!'

Joe Biden said Sunday that fossil fuel executives should be jailed - but failed to mention that his son was on the board of a Ukrainian natural gas firm.

www.dailymail.co.uk

THEN Biden RAISES the oil companies exploration costs on lands that provide 24% of oil and gas.
Biden ACTION raise costs!
The royalty rate for new leases will increase to 18.75% from 12.5%.
That's a 50% jump and marks the first increase to royalties for the federal government since they were imposed in the 1920s.

Biden increases oil royalty rate and scales back lease sales on federal lands

The U.S. government will sharply boost royalty rates for companies as federal officials weigh efforts to fight climate change against pressure to bring down high gasoline prices.

www.npr.org

Again oil companies ask... if we aren't going to be in business and be thrown in jail AND now OUR costs go up?
GEEZ
So NOW he is blaming Mom-and-pop Americans of price gouging!
How truly totally economically ignorant!
Biden tells an industry he wants them out of business and in jail and raises the costs of their doing exploration!
NOW Dumb ass Biden is telling mom-and-pops ..."to reflect the cost you are paying for the product," he said.
THAT's exactly what they are DOING! Yes their costs have gone up because Biden tells their suppliers we are going to bankrupt your businesses, throw your executives in jail and oh by the way the costs of finding oil... going up BECAUSE Biden raised the rates!!!

In fairness to Biden, he's always been an idiot.

 

[Maxdeath]

Most convenience stores sell fuel at a small profit hoping to have customers buy other items from them. They do not make much of a profit on fuel. But the current administration does not seem to have anyone that understands basic economics

 

[SassyIrishLass]

Dumbass Biden must think there's a mom and pop gas supplier/refinery

 

[Toddsterpatriot]

Dumbass Biden must think there's a mom and pop gas supplier/refinery

Must be the Mom and Pop futures market.

 

[healthmyths]

Most convenience stores sell fuel at a small profit hoping to have customers buy other items from them. They do not make much of a profit on fuel. But the current administration does not seem to have anyone that understands basic economics

Further validation of your point!!!
Most stations sell branded gas, but they are not owned and operated by major oil companies.
In fact, 56 percent of convenience stores selling gas are one-store operators, true Mom & Pop operations.
It is estimated that only 2 percent of the convenience stores selling gas are owned and operated by a major oil company.

Generally, the markup (or “margin”) on a gallon of gas is about 15 cents per gallon (gross profit before expenses). Factoring in expenses, which include rent, utilities, freight, labor and credit card fees, a retailer is left with about 2 cents per gallon in profit.
Stores sell an average of 4,000 gallons per day, so retailers typically make about $100 per day selling gas (net profit available to pay other costs not previously referenced such as maintenance and insurance

How Much Money Do Businesses Make on Fuel Purchases? - West Virginia Oil Marketers and Grocers Association

Representing petroleum marketers, independent grocers and convenience stores all across West Virginia.

www.omegawv.com

So here is this economic illiterate Biden blaming once again a group he evidently hasn't done one IOTA of research MUCH less his staff! Geez this is so grossly incompetent on so MANY levels!

 

[healthmyths]

Where are these Mom and Pop stores of legend that exist?

Easy to find out using this thing called "the internet"!!!
But of course someone like you obviously have NO cognizant capability to do that? Why do you then depend on Biden and his nincompoops for FACTS? Geez so easy to get!

In fact, 56 percent of convenience stores selling gas are one-store operators, true Mom & Pop operations.
It is estimated that only 2 percent of the convenience stores selling gas are owned and operated by a major oil company.
OH and "Google" "how many convenience stores in USA?
There are 148,026 convenience stores operating in the United States

U.S. Convenience Store Count

There are 148,026 U.S. convenience stores as of December 31, 2021, according to the latest NACS/Nielsen Convenience Industry Store Count.

www.convenience.org

See how easy that is???
Generally, the markup (or “margin”) on a gallon of gas is about 15 cents per gallon (gross profit before expenses). Factoring in expenses, which include rent, utilities, freight, labor and credit card fees, a retailer is left with about 2 cents per gallon in profit.
Stores sell an average of 4,000 gallons per day, so retailers typically make about $100 per day selling gas (net profit available to pay other costs not previously referenced such as maintenance and insurance

How Much Money Do Businesses Make on Fuel Purchases? - West Virginia Oil Marketers and Grocers Association

Representing petroleum marketers, independent grocers and convenience stores all across West Virginia.

www.omegawv.com