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Search results for "Fast-rising oil prices sent US businesses' costs higher in March"

People (25)

Fact-checks (21439)

Raphael Warnock stated on April 05, 2022 in a letter to President Joe Biden:
“While the initial increase in oil prices resulted in a near instantaneous increase in gas prices for consumers, the subsequent decrease in crude oil prices has failed to meaningfully provide relief for Georgia's families at the pump.”
By Louis Jacobson, Amy Sherman• April 20, 2022
Facebook posts stated on March 14, 2022 in a Facebook post:
Comparing the price of oil and gas in June 2008 to March 2022 shows that oil companies are “price gouging.”
By Madison Czopek• March 17, 2022
Sherrod Brown stated on March 23, 2012 in a news release:
Says excessive speculation is pushing up oil prices and a recent report estimates it "adds 56 cents to every gallon of gasoline siphoned from the pump."
By Peter Krouse• May 2, 2012
Jane Timken stated on April 13, 2022 in a campaign ad:
Joe Biden's spending “has sent prices skyrocketing."
By Jon Greenberg• April 20, 2022
Barack Obama stated on October 06, 2011 in a press conference at the White House:
The Arab Spring … "drove up gas prices."
By Louis Jacobson• October 7, 2011
Fred Upton stated on March 08, 2011 in a letter to fellow Members of Congress:
A bill that would halt the EPA from regulating greenhouse gases would help "stop rising gas prices."
By Louis Jacobson• March 14, 2011
Ron Johnson stated on March 18, 2022 in Twitter:
Gas prices are high “due to the Democrats’ war on fossil fuels.”
By Laura Schulte• March 29, 2022
John Thune stated on January 04, 2015 in comments on "Fox News Sunday":
Says President Barack Obama's own administration has done five environmental impact assessments of the Keystone XL pipeline, "all of which have said it would have a minimum impact on the environment."    
By Jon Greenberg• January 4, 2015
Facebook posts stated on March 07, 2022 in a Facebook post:
"Gas is high because they shut down production in the U.S.” under the Biden administration.
By Jeff Cercone• March 9, 2022
Facebook posts stated on January 28, 2021 in a Facebook post:
Says Joe Biden’s order stopping the Keystone pipeline “made oil more expensive for us to use.”
By Tom Kertscher• February 15, 2021
Facebook posts stated on November 19, 2021 in a Facebook post:
Low gas prices in Russia, Kuwait and Saudi Arabia show that Joe Biden’s decision to cancel the Keystone Pipeline project is to blame for U.S. prices.
By Tom Kertscher• December 1, 2021
Ron Johnson stated on August 23, 2022 in Twitter:
"Democrats' radical green energy policies caused record gas prices. "
By D.L. Davis• September 16, 2022
Facebook posts stated on March 07, 2021 in a Facebook post:
Says Joe Biden executive orders caused price increases of 50 cents in gas and 10% in food.
By Tom Kertscher• March 10, 2021
Bill Nelson stated on April 15, 2012 in an op-ed in POLITICO:
At the same time gas prices have increased, "the share of the oil market controlled by speculators has more than doubled over the past 10 years."
By Katie Sanders• April 24, 2012
Eric Hovde stated on March 29, 2012 in a radio ad:
"The failed economic policies" of President Barack Obama, the Democrats and the Federal Reserve "are making gas prices higher while America’s economy is running on fumes."
By James B. Nelson• May 4, 2012
Facebook posts stated on March 07, 2022 in a Facebook post:
U.S. imports 1% of its oil from Russia while “Exxon, Chevron, BP and Shell profits are at their highest level in over 7 years.”
By Andy Nguyen• March 10, 2022
Erica Smith stated on December 30, 2021 in a tweet:
“Corporate profit margins are at their highest point in 70 years. … They’re overcharging us for gas, medicine, and groceries, and pocketing the difference.”
By Paul Specht• January 7, 2022
Joni Ernst stated on March 19, 2022 in an email newsletter:
“Gas prices have been going up since the president’s first day in office, starting with his move to shut down the Keystone XL pipeline.”
By Eleanor Hildebrandt• March 30, 2022
Facebook posts stated on October 20, 2021 in a Facebook post:
“Gas prices were WAY higher in 2008, under REPUBLICAN president George W. Bush.”
By Gabrielle Settles• October 25, 2021
Tommy Thompson stated on March 23, 2012 in a campaign speech:
Every time the price of gasoline rises 1 cent, "it's a billion dollars out of our economy that goes to Saudi Arabia."
By Tom Kertscher• April 19, 2012

Articles (7106)

Looming food shortages? Probably not in the US

By Jon Greenberg• April 18, 2022

Ask PolitiFact: What does the Iran war mean for US gasoline prices?

By Louis Jacobson• March 4, 2026

With time and money, US can replace banned Russian imports with domestic oil

By Madison Czopek• March 9, 2022

Gasoline prices: Where they stand now, and why

By Louis Jacobson• October 25, 2022

Corporate profits do not drive inflation, but inflation boosts company profits

By Louis Jacobson• December 10, 2022

How high are gasoline prices today, really?

By Louis Jacobson• March 11, 2022

Ask PolitiFact: Why are gas prices going up?

By Jon Greenberg, Louis Jacobson• March 9, 2022

Will you pay $500 more for gas this year because of the Iran war? Fact-checking Democrat Ed Markey

By Amy Sherman• March 26, 2026

Fact-checking attacks from Ron DeSantis and Charlie Crist in Florida's only gubernatorial debate

By Yacob Reyes, Amy Sherman• October 24, 2022

PunditFact fact-checks the Jan. 4 news shows

By Lauren Carroll, Jon Greenberg, Aaron Sharockman• January 4, 2015

Fact-checking the Jan. 4 news shows

By Lauren Carroll, Jon Greenberg, Aaron Sharockman• January 4, 2015

Not just oil: How the Strait of Hormuz blockage affects US consumers, from fertilizer to helium

By Louis Jacobson• April 6, 2026

Joe Biden’s release of oil from the Strategic Petroleum Reserve: What you need to know

By Louis Jacobson• November 24, 2021

Ask PolitiFact: What is the Strait of Hormuz and how does it affect oil prices?

By Louis Jacobson, Zoe Weyand• March 11, 2026

How big is the threat of inflation in the post-pandemic era?

By Louis Jacobson, Tom Kertscher• May 13, 2021

Why are oil prices so high? And what can be done about it?

By Louis Jacobson• November 4, 2021

Are gas prices going up? And is it Joe Biden’s fault?

By Louis Jacobson• March 2, 2021

The pros and cons of a gas tax holiday

By Ellie Borst, Louis Jacobson• June 23, 2022

Checking the gauge on oil claims

By Robert Farley• March 16, 2011

McCain energy claim low on fuel

By Wes Allison• April 16, 2008