Biden calls for an investigation into rising gasoline prices

United States President Joe Biden asked the competition authorities to investigate “immediately” behavior “eventually illegal“From the oil companies, whose gasoline prices go up”when your costs go down”.

The White House asked in a letter to the president of the Federal Trade Commission (FTC, Federal Trade Commission), Lina Khan, to study the “increasingly evident signs of harmful consumer behavior from oil and gas companies”.

The FTC has the authority to examine whether there are illegal behaviors affecting families’ budgets at gas stations. I think you should take care of it immediately”Biden wrote.

I do not accept that hard-working Americans pay more for fuel because of behaviors that violate the rules of the competition or eventually illegal”, Adds the president.

The government faces the growing discontent of the population over inflation, driven in particular by the increase in energy prices.

The price of a gallon (3.78 liters) of gasoline rose more than a dollar in one year and stands at US $ 3.41 on average nationwide, according to the American Automobile Association (AAA).

Inflation hit a 12-month 6.2% in October, a high since 1990.

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