The White House is floating the idea of 'gas rebate cards' as a way to reduce the burden of high gas prices just days after President Joe Biden demanded energy companies make more fuel.
The White House is, reportedly, considering the idea of 'gas rebate cards' as a way to reduce the burden of high gas prices, just days afterBiden tells oil refiners: Produce more gas and diesel, fewer profitsAs drivers, across the country, face a palpable pain at the pump, the President's letter that oil companies are making too much money and that they need to refine more gas was met with some head-scratching in Houston's energy sector boardrooms.
In other words, demanding more gasoline out of the nation's refineries could be easier said than done. As gas prices continue to soar to $5 a gallon on average, President Joe Biden is blasting oil companies for record-high profits. The president is now asking refiners to produce more gas and cut costs.
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