- Jeff Bezos and the White House traded insults over rising gas prices in the United States.
- Bezos accused Biden of “disinformation or a profound misunderstanding of fundamental market dynamics.”
- The White House fired him in the latest inflationary row between Biden and Bezos.
The White House criticized Jeff Bezos after the billionaire founder of Amazon accused President Joe Biden of ignoring the cause of high gas prices.
Biden sent one tweet He noted on Saturday that gas sellers are taking advantage of the war in Ukraine by setting unnecessarily high gas prices.
“My message to the companies that operate gas stations and set prices at the pumps is simple: This is a time of war and global danger,” Biden said. “Reduce the price you charge at the pump to reflect the cost you pay for the product. Do it now.”
In response to the president, Bezos wrote in one of them retweet: “Ouch. Inflation is a very important issue for the White House to continue making such statements. It is either a direct misdirection or a profound misunderstanding of fundamental market dynamics.”
But White House press secretary Karen Jean-Pierre doubled down on Biden’s comments.
“Oil prices are down about $15 over the past month, but prices at the pump are a bit low. These are not ‘basic market dynamics.’ It is a market that is failing the American consumer.” tweet.
She went so far as to directly criticize Bezos: “But I think it’s not surprising that you think oil and gas companies, who are using market power to drive record profits at the expense of the American people, are the way to go.” How our economy should operate. “
Another White House official also came to the president’s defense. John Kirby, the National Security Council’s coordinator for strategic communications, told Fox News Sunday that Bezos was wrong and that Biden was “saying exactly what he thinks, from where anyone can understand.”
Biden blamed the Russian war in Ukraine and oil and gas companies for record US inflation and rising energy costs.
Last month, the president criticized ExxonMobil for making “more money than God this year” while Americans pay record prices at the pump. He also met with the CEOs of the oil company to encourage them to do more to reduce gas prices.
Bezos has had a number of disagreements with the White House over inflation. After Biden said in May that making sure companies pay their fair share of taxes can fight inflation, Bezos called it a “mistake.”
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