Biden to charge that oil companies ‘refuse to help lower prices at the pump’ in afternoon speech

President Joe Biden on Monday will speak about major oil
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companies’ record-setting profits, “even as they refuse to help lower prices at the pump for the American people,” the White House announced. Biden’s remarks are scheduled for 4:30 p.m. Eastern in the Roosevelt Room of the White House, and come just over a week before key U.S. midterm elections, in which energy prices and inflation are playing a critical role.