Amid Rising US Fuel Prices, Joe Biden's Message For "Bragging" Oil CEOs

US Fuel Prices: A painful hike in the cost of gasoline is spearheading an overall inflation problem and hitting Joe Biden's popularity ratings.

President Joe Biden is "frustrated" by big oil CEOs "bragging" about profits when fuel prices are soaring for ordinary Americans, the White House said Tuesday.

A painful hike in the cost of gasoline is spearheading an overall inflation problem and hitting Biden's popularity ratings.

The White House says that oil companies may be illegally profiteering and has asked the Federal Trade Commission to investigate.

In strong comments to reporters, Press Secretary Jen Psaki questioned why gasoline prices were so high in filling stations when crude oil is trading sharply lower.