Biden Tells Big Oil to Stop Stock Buybacks

The video discusses the significant drop in oil prices since mid-June, highlighting a 30% decrease. Despite this, gas prices at the pump have not fallen proportionately, which is deemed unfair. If retailers and refiners were making average profits, Americans would pay $0.60 less per gallon. The speaker urges energy companies to use their profits to increase production and refining instead of stock buybacks or dividends, especially during wartime. This would benefit both the companies and the American public by providing fairer gas prices.

What is the speaker's message to American energy companies regarding their pricing strategies?

How does the speaker believe the actions of energy companies will impact American families?