Por: RTTNews Politics November 01, 2022
President Joe Biden has lashed out at American oil companies that are making windfall profits without lowering prices for consumers at the pump.He called on the companies to increase production and refining capacity, failing which, they're going to pay a higher tax on their excess profits and face other restrictions. Biden said his team will work with Congress to look at these options.It's time for these companies to stop war... + full article
Newsweek USA Nation November 01, 2022
President Joe Biden on Monday said energy corporations can either increase oil refining and producing capacities or face paying a tax on their excess profits—but experts warned such a tax could backfire.Biden railed against energy producers who have pocketed outrageous record... + más
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WGN-TV USA Nation November 01, 2022
, Posted: Nov 1, 2022 / 02:18 PM CDT Updated: Nov 1, 2022 / 02:26 PM CDT SHARE The Biden administration is seizing on huge earnings calls from oil companies as it seeks to give voters a response to relatively high gasoline prices ahead of next week’s midterms. President... + más
Oil Companies Will Have To Pay Higher Tax On Excess Profits, Biden Warns | RTTNews
Biden threatens higher taxes on oil companies if they do not work to lower gas prices | CNBC
Politico USA Politics November 01, 2022
President Joe Biden accused oil companies of “war profiteering” Monday after they posted record profits — and urged Congress to impose a windfall tax on the industry if it fails to lower consumers’ costs. Biden’s comments were his sharpest yet against the industry that... + más
Biden paints oil firms as war profiteers, talks windfall tax | Portland Press Herald
Biden Paints Oil Firms as War Profiteers, Talks Windfall Tax | NBC 6 South Florida
WPLG Local 10 USA Politics October 31, 2022
WASHINGTON – President Joe Biden on Monday will raise the possibility of imposing a ‘windfall tax’ on energy companies if they don't boost domestic production, as his administration aims to combat high gas prices just days before the .The White House said Biden will... + más
How windfall tax on energy producers could backfire on Biden | Newsweek
CNBC USA Politics October 31, 2022
U.S. President Joe Biden makes a statement about gasoline prices and oil company profits in the Roosevelt Room at the White House in Washington, October 31, 2022.Leah Millis ReutersPresident threatened Monday to pursue higher taxes on oil company profits if industry giants do... + más
What is the strategic oil reserve, and can it lower gas prices? | Portland Press Herald
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ABC News USA Politics October 31, 2022
President Joe Biden, little more than a week away from Election Day, presented something of an ultimatum to gas and oil companies: ramp up production or pay a higher tax rate.It's time for these companies to stop war profiteering, meet their responsibilities to this... + más
Biden bashes oil sector for ‘war profiteering,’ warns of windfall tax on profits | Politico
Biden accuses oil companies of 'war profiteering' as he warns of excess profit penalties | Los Angeles Times
Fox Business USA Business October 13, 2022
Former Obama Global Development Council chair Mohamed A El-Erian provides insight on the state of the world economy on 'The Story with Martha MacCallum.' backs moves by governments to tax companies' excess profits, but believes such changes must be clearly... + más
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