Dem Rep. Schakowsky Blames High Gas Prices on Oil Company Price Gouging

Wednesday on CNBC’s “Squawk Box,” Rep. Jan Schakowsky (D-IL) blamed oil companies for record-high gas prices across the United States. Schakowsky argued that “Americans are suffering right now at the pump” due to oil companies raising their prices during the war in Ukraine. She also asserted the companies could be producing more oil than they currently are.