‘This is a market that really needs regulation’: Rep. Katie Porter | ABCNL

ABC News’ Linsey Davis speaks with Rep. Katie Porter, D-Calif., about alleged price gouging by energy companies driving higher gas prices, and the ongoing impact of soaring inflation.

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37 thoughts on “‘This is a market that really needs regulation’: Rep. Katie Porter | ABCNL

  1. Katie please run for president is Joe opts out. Your views on oil price gouging and the need for gun regulations would get my vote. Keep up the great work. Your voice is being heard.

  2. It is not Biden's fault of the gas gas prices, it is the corporate gas companies gouging .PICKET THEM. PROTESTS, the THE GAS companies. Come on people THE Republicans want to make it look like it's Biden. IT is not BIDEN. IT'S THE CORPORATE COMPANIES. COME ON CHECK THIER PROFIT. REPUBLICANS WANT TO STAY IN POWER BY LYING TO YOU.

  3. The GOP will oppose this bill bc they don''t WANT reasonable gas prices — they're using inflation (which is global, and not within Biden's control) to attack Dems as the midterms approach.

  4. just CAP the profits for NECESSARY commodities …
    allow for reasonable profits in these industries (that's more fair than the now policy) …
    allow for competitive dynamics in the FREE market …
    and the energy market has NOT been a free market of decades now …
    it's all a SCAM …
    and YOU are the target of that scam …

  5. THANK YOU SO MUCH CONGRESSWOMAN PORTER.
    These gas companies need to pay their consequences! Consumers deserve for a reimbursement from these gas companies in some ways.

  6. Stupid voters continue to vote against their own best interest. Fascism is when Corporations control the government by buying off Representatives who are supposed to work for best interests of their constituients, not Corporations that pay them off to vote pro corporations and wealthy.

  7. They have priced us right out of affording food & gas. I am buckling down. Any extra spending is stopping, I'm driving to work only & eating like a college kid who can't afford food.

  8. Any Congressperson who doesn’t vote to regulate monopolistic markets is probably too rich to be affected by inflation and price increases. If we want more accountability, political donations need to be transparent and limited.

  9. As usual PARTISAN PARTISAN PARTISAN… this is a not a Democratic Forum and so no “republicanistic thought is allowed? So how would you like me to edit my previous statement? This IS WHY NOTHING EVER GETS DONE IN DC!!

  10. It is all about GREED!
    So how do we fix that?
    Can Capitalism survive?
    So, what’s the answer, legislating morality has never worked.
    Right now, there must be more oil pumped! We cannot have a Green World by snapping fingers. Who CAN AFFORD AN ELECTRIC CAR?
    We have to deal with the HERE AND NOW before we can deal with the future!
    COVID and Ukraine and whatever else has set this back.
    Bottom line is the WEF and it’s most famous are like Dogs on the Heels of Democracy.
    WAKE UP AMERICA!

  11. People simply don’t know supply side economics or how they work. Why not suspend federal and state taxes per gallon if the Gov is so concerned?

  12. Protest outside Oil company CEO homes until the price goes down !

    This is not a supply issue, this is supply at higher cost exploitation.

    American corporations are taking advantage of inflation as a cover to increase their prices and profits.
    Katie for president.

  13. "We Are Stronger"

    A Poem by Steven F Gooden
    We're never as strong, as we are until we have to be. Never Do as much, unless the need we see. Only give our best, when we fail at mediocrity. We Love rather than hate when we admit we're one humanity. We always give more, when compassion moves our heart with unbridled generosity. We Become more of our potential when we are made to see, that clearly our minds can believe in unfathomable possibilities, while seizing every opportunity, here in lies one's destiny.  More than our scars, higher than our stars, for in  our flaws are what defines our features, they're uniquely ours, as human creatures.
    We can run faster than on our slowest day. Reason better, and thinking it through all the way, regardless which direction our  emotions may sway. We can find our voice when speechless, our strong words with meekness and our Courage in weakness. Always patience not quickness. Silence for peace than loudness, quietness of fear, not hopeless, for time and effort  are equally unbiased. We are more than the stories we're told, we're the one's we write, each page unfold. We are the sum of our Lies and truth, fantasy, fiction, faith, and myths, no matter how uncouth. These are what shape us, our lives lived is the proof. We can be more right than wrong. More just than judge. More godlike than unlike. Reflecting Sunlight in our darkest night.
    Providing refuge. Never more alive until we die within and begin again. A Human Ark Divine in our human spark.

    by
    Steven Gooden

  14. love this smart honest woman who calls out the crooks. People should listen to her .She just says it like it is. Nothing wrong with Calf liberal. The people attacking her are likely the ones gouging and not paying taxes.

  15. MR.PRESIDENT JOE BIDEN IS TIME TO REGRET FROM OUR SIN 🏳️‍🌈NO MORE HOMOSEXUALITY NO MORE GUADELOUPE NO MORE IDOLATRY IN U.S.A. 👈
    1 CORINTHIANS CHAPTER 6 VERSE 9👈

  16. APOCALYPSE CHAPTER 6👈
    666👈
    THE ANTICHRIST IS IN CHARGE OF ALL THIS MESS 🏳️‍🌈👈
    ⏳🎑PROVERBS CHAPTER 29 VERSE 2⏳🎑

  17. The last person we need advice from is a California liberal, progressive Democrat ! She is one of the reasons our state is such a mess !

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