Is Biden’s Tweet Straight Misdirection or Failure to Understand Oil Markets?

Jeff Bezos says the President’s tweet about this is either straight ahead misdirection or a deep misunderstanding of basic market dynamics. Which is it?

[This is Peter Doocy's follow-up question to his original question: "How did the president go from blaming high gas prices on Vladimir Putin to big oil to small business owners now?"]

As you know, we “the admin” completely disagree with Jeff Bezos, “We will continue to call on everyone along the distribution chain of oil companies, refineries, distributors, to retailers” to pass their lower costs through to consumers. “That is what is important to make sure that we should not have consumers pay first and get relief last”

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