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Joe Biden, Jr.'s Public Statements on Issue: Oil and Gas

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On The Ballot: Running, Democratic for President

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Oil and Gas

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05/18/2023 Tweet - "I'm proud of the progress we have made. We reduced the deficit in our first two years by $1.7 trillion. That includes more revenue by asking the wealthy and large corporations to begin to pay their fair share and cutting subsidies to Big Oil and Big Pharma."
03/13/2023 Memorandum on Withdrawal of Certain Areas off the United States Arctic Coast of the Outer Continental Shelf from Oil or Gas Leasing
01/25/2023 Tweet - "Our petroleum reserve releases worked to bring down prices at the pump -- and we have a plan to refill the reserve at a profit to taxpayers. House Republicans are trying to weaken that critical tool. And gas prices would go up because of it."
12/15/2022 Statement from President Joe Biden on Senator Joe Manchin's Permitting Reform Proposal
12/09/2022 Tweet - "Right now, the average price of a gallon of gas is $3.32, down 13 cents in a week. And below the price of gas one year ago. Our actions are working to get American families meaningful savings."
12/04/2022 Tweet - "Gas prices have declined by an average of $1.60 a gallon over the past 173 days and are now back to the levels they were at in early February. That's great news."
11/29/2022 Tweet - "Our releases from the Strategic Petroleum Reserve -- and my call for global partners to release reserves of their own -- have helped gas prices drop below where they were prior to Putin's invasion of Ukraine. We're blunting Putin's price hike."
11/02/2022 Tweet - "If oil companies were investing their profits in their operations at historic rates, America would be producing more oil today and prices would be down even further. Rather than giving Americans a break, they are sending their excess profits back to shareholders and executives."
10/31/2022 Remarks by President Biden on Recent Reports of Major Oil Companies Making Record-Setting Profits
10/19/2022 Tweet - "After seeing gas prices rise over the past few weeks, they're falling again. That's progress. But they're not falling fast enough and families are hurting. I'm directing my Administration to take more action to lower costs, strengthen energy security, and address supply issues."
10/19/2022 Tweet - "It's simple: When the cost of oil comes down, we should see the price at the pump come down as well. That's how it should work. But right now, refiners and retailers are making record profits at the expense of the vast majority of Americans. It's unacceptable."
09/20/2022 Tweet - "Folks, gas prices are now back to levels they were at in early March. That means nearly all of the increases since the beginning of Russia's war in Ukraine have been wiped out."
09/04/2022 Tweet - "Folks, gas prices continue to drop as they have every day this summer. As of today, prices are down by more than $1.20 per gallon over the past 82 days."
08/02/2022 Tweet - "The current drop in gas prices continues to be the fastest decline in over a decade. 83 cents down and counting since mid-June."
07/27/2022 Tweet - "We've now hit more than six straight weeks of declines, making this the fastest drop in gas prices in over a decade."
07/26/2022 Tweet - "A new report says my Administration's actions have played a large part in making gas prices lower. And now those prices are coming down fast."
07/24/2022 Tweet - "Make that 65 cents down over 40 days."
07/23/2022 Tweet - "Recently, we've gotten a lot of good news on gas prices. But that doesn't change the fact that industry's margins are much higher than what's typical for this time of year. Oil prices are dropping, gas prices should too."
07/23/2022 Tweet - "With oil prices coming down 20% from June highs, it's unacceptable that prices at the pump have only come down by half as much. It's time for oil and gas companies to pass these lower costs on to Americans."
07/23/2022 Tweet - "Recently, we've gotten a lot of good news on gas prices. But that doesn't change the fact that industry's margins are much higher than what's typical for this time of year. Oil prices are dropping, gas prices should too."
07/23/2022 Tweet - "Recently, we've gotten a lot of good news on gas prices. But that doesn't change the fact that industry's margins are much higher than what's typical for this time of year. Oil prices are dropping, gas prices should too."
07/22/2022 Tweet - "Today, America's drivers will spend on average $30 less per month on gas than they did during peak prices. For families like the one I grew up in, ending the month with a little extra in your pocketbook counts for something."
07/22/2022 Tweet - "Gas prices have declined by an average of 60 cents per gallon over the past 38 days. Five straight weeks of gas prices coming down."
07/19/2022 Tweet - "When Putin further invaded Ukraine and oil prices went up, the industry was quick to increase prices at the pump. But now that oil is lower, Americans haven't seen those savings. I want lower prices to benefit consumers -- not prop up profits."
07/19/2022 Tweet - "I've been releasing about 1 million barrels of oil a day from the Strategic Petroleum Reserve and rallied our global partners to release a combined 240 million barrels of oil onto the market. Our actions are working, and prices are coming down."
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