But while Biden said his message to oil companies was “Don’t just reward yourselves,” he has few tools at his disposal to meaningfully bring down prices in the near term.
President Joe Biden sat down with The Associated Press to discuss the state of the economy, his concerns about the national mood and his commitment to standing up to Russia’s aggression in Ukraine.
Takeaways from Biden’s first news media interview since February:
PAIN AT THE PUMP
Biden on Thursday blamed gas prices for the nation’s economic pessimism, saying before prices started rising, “Things were much more, they were much more optimistic.”
The Democratic president acknowledged that Americans are paying vastly more to put food on their table and fuel in their cars and that it was putting a dent in his approval rating.
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