
“Putin’s war is causing gas prices to rise, but this is no excuse for large oil companies to pad their bottom line with war-fueled profits,” tweeted Sen. Elizabeth Warren (D–Mass.) along with an MSNBC video of her explaining her stance. “Senate Democrats are watching closely—and already working on a windfall profits tax.” Warren also said that she gets “supply and demand—that prices go up” but that “profit margins should not go up, that’s just oil companies gouging.”
