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HILL ENERGY BRIEFING: Biden Warns on Gas Prices as Ian Hits US

Sept. 30, 2022, 10:15 AM

President Joe Biden and his administration Thursday began grappling with the fallout of Hurricane Ian—expected to be among the costliest storms in US history—as it disrupted energy supply chains and power grids.

Biden reiterated a warning to oil and gas company executives: “If the gas station companies try to use this storm to raise prices, I’m gonna ask officials to look into whether or not price gouging is going on,” Biden said. “America is watching, and the industry should do the right thing.” Jordan Fabian and Akayla Gardner have more.

Ian has also walloped Florida’s electric grid, causing parts ...