August 7, 2022

China praises Biden’s recent gas tweet

Fox Business reports that China recently praised a tweet that President Joe Biden made urging gas companies to lower their prices. 

Recently, Biden has been making the absurd argument that one of the reasons why the price of gas is so astronomical is because gas companies simply refuse to sacrifice profits in order to bring the price of gas down.

Biden was at it again on Saturday. He wrote:

My message to the companies running gas stations and setting prices at the pump is simple: this is a time of war and global peril. Bring down the price you are charging at the pump to reflect the cost you’re paying for the product. And do it now.

Not everyone responded positively to the president’s tweet. But, one person who did was China Daily EU Bureau Chief Chen Weihua.

“Now U.S. President finally realized that capitalism is all about exploitation,” Chen Weihua tweeted. “He didn’t believe this before.”

If a member of China’s state media is supporting the idea, then you know there is something wrong with it. And, there is a lot wrong with this one. For one thing, it is just false that big, greedy gas companies are the reason why gas prices are as high as they are.

As Fox reports:

Gas stations actually make very little money per gallon of gas sold. Studies show that gas stations make about 15 cents per gallon before expenses, and roughly 5 cents per gallon once expenses are factored in. They sell gas to draw customers in to purchase snacks, drinks, and other products that bring in higher profits.

So, essentially, Biden is calling upon gas stations to operate at a loss, which likely would result in a bunch of gas companies going out of business. How is this the solution to the energy crisis?

Simple. The Biden administration is looking to do away with traditional energy. It’s the reason why they drove the price of gas and oil up in the first place.

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KLAZY50 (@guest_1289909)
30 days ago

I wish for Biden to have egg on his face everyday he stays his course as the most disgusting of president to ever serve. He only intends to steal all the money he can out of his time in the white House. I just hate it that he and Jill and their whole are serving to soil the WH

Maryinder (@guest_1289911)
Reply to  KLAZY50
30 days ago

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Copy underneath site to check it… 𝗪𝘄𝘄.𝗡𝗲𝘁𝗖𝗮𝘀𝗵𝟭.𝗖𝗼𝗺

Dee (@guest_1289922)
30 days ago

I want Biden and his son both to be arrested for selling out our country and hope they never see the light of day again . He is a criminal as well as his son and the rest of his family to boot. Clintons and Obama are no better . Until we get someone in office that knows how to actually run a country we will be in the state we are in. Never trust a democrat again they are all crooks .

Helen Sanders (@guest_1289948)
29 days ago

Biden is going to praise China no matter what. Remember that Joe and Hunter received over $31 million dollars from the wealthy elite in China. They are not going to go against the country they get their money from.



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