Rep. Katie Porter

@RepKatiePorter ↗

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Last Checked Sept. 30, 2022

Created

Thu May 19 18:43:46 +0000 2022

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Rep. Katie Porter @RepKatiePorter

A majority of surveyed executives admit to not increasing supply because Wall Street doesn't want them to. Profits are at a 7 year high and shareholders don't want to give that up—especially since Big Oil is planning $40 billion in stock buybacks. (2/7) https://t.co/YQlZB2eYIx — PolitiTweet.org

Posted May 19, 2022

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Rep. Katie Porter @RepKatiePorter

Price gouging is anti-capitalist. Big Oil is threatening our entire economy by keeping supply low and jacking up prices at the pump far beyond the inflation rate to satisfy Wall Street. Oil and gas company executives are *literally* admitting it. (THREAD ⬇️) https://t.co/HosywUxU8Y — PolitiTweet.org

Posted May 19, 2022

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Rep. Katie Porter @RepKatiePorter

We have quantitative and qualitative data documenting Big Oil's price gouging. The CEO of @PXDtweets, which has pledged not to raise production despite sky high prices, bragged that "whether it's $150 oil, $200 oil, or $100 oil, we're not going to change our growth plans." (3/7) — PolitiTweet.org

Posted May 19, 2022