Crude Spikes As President Biden Blames OPEC, Big Oil (& Buybacks) For High Gas Prices | ZeroHedge
Update: Well, we nailed it in the preview - President Trump blamed OPEC, blamed Big Oil (and its greed), blamed local gas stations (naively claiming that "gas prices should reflect the cost of a barrel of oil")... "When the cost of oil comes down, we should see the price of the gas station at the pump come down as well. That's how it's supposed to work. But that's not what's happening," he said. ...and said he would drain more from the SPR. “I told my team behind me to be prepared to look for further releases in the months ahead if needed,” Biden said Wednesday at the White House. “So we’re gonna continue the responsible use of that national asset.” After urging Big Oil to pump more oil (remember it's not an oil shortage that's the issue, it's a refinery issue), the president took another shot at the executives... “My message to the American energy companies is this: You should not be using your profits to buy back stock or for dividends,” Biden said Wednesday at the White House. “Not 
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction: Crude Spikes As President Biden Blames OPEC, Big Oil (& Buybacks) For High Gas Prices | ZeroHedge

### Response: Update: Well, we nailed it in the preview - President Trump blamed OPEC, blamed Big Oil (and its greed), blamed local gas stations (naively claiming that "gas prices should reflect the cost of a barrel of oil")... "When the cost of oil comes down, we should see the price of the gas station at the pump come down as well. That's how it's supposed to work. But that's not what's happening," he said. ...and said he would drain more from the SPR. “I told my team behind me to be prepared to look for further releases in the months ahead if needed,” Biden said Wednesday at the White House. “So we’re gonna continue the responsible use of that national asset.” After urging Big Oil to pump more oil (remember it's not an oil shortage that's the issue, it's a refinery issue), the president took another shot at the executives... “My message to the American energy companies is this: You should not be using your profits to buy back stock or for dividends,” Biden said Wednesday at the White House. “Not 