Biden Accuses Oil Companies of War Profiteering, Threatens Windfall Taxes and Restrictions

over 1 year in theepochtimes

President Joe Biden took aim at oil companies on Monday, accusing them of profiting from Russia’s invasion of Ukraine while threatening to tax excess oil profits if companies do not bolster production in the United States. In remarks from the White House, Biden said he is a “capitalist” and has “no problem with corporations turning […]

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