- Gasoline prices near new all-time highs.
- Are gas stations price gouging?
- Analysts say not but oil companies need to be careful what they say about supplies and production.
With gasoline prices poised to reach a new all-time high within days, President Joe Biden recently issued a stern warning to the nation’s oil producers and gas retailers.
“American oil and gas companies should not – should not exploit this moment to hike their prices to raise profits,” Biden said in a speech.