Posted on 03/09/2022 8:02:10 PM PST by E. Pluribus Unum
Despite reassurances from the White House that it is doing nothing to discourage oil companies from opening new drill sites, President Joe Biden's allies in Congress just months ago pressured oil executives to decrease outputs because of climate change, raising questions about the Democratic Party's strategy to lower prices for consumers.
In late October, for example, the House Oversight and Reform Committee called in the CEOs of Exxon, BP, Shell, and Chevron to explain what steps they are taking to produce less oil and gas, with Rep. Hank Johnson (D., Ga.) alleging that "the world can't wait" any longer. At the time, gas prices were hovering around a 10-year high.
The hearing has gained new relevance as a global gas shortage has pushed prices to an all-time high. Prices are rising even more due to Russia's invasion of Ukraine, with no sign of falling after Biden's announcement that the United States will no longer accept Russian oil imports. Those facts have left Democrats scrambling for a solution before the November midterms as Republicans demand that the White House encourage domestic oil drilling operations.
The president said on Tuesday that his administration's policies are not "holding back domestic energy production," echoing comments from Press Secretary Jen Psaki, who said that "federal policies are not limiting the supplies of oil and gas" before mentioning the thousands of unused pre-approved oil and gas drilling leases.
"You can draw a direct line from how the Democrats marauded energy production yesterday to the unprecedented pain Americans are feeling at the pump today," said CounterPoint Strategies president Jim McCarthy, a policy adviser for leading energy companies.
Some Democrats, such as Rep. Ro Khanna (Calif.), have demanded that domestic oil companies dramatically curtail their domestic operations...
(Excerpt) Read more at freebeacon.com ...
Epic Brandon gaslighting.
Helped. That is like the medicine that helps cure a disease. Doesn’t cure it but it helps.
FJB^nth power
In 2020 the US was a net exporter of energy and was energy independent. In little more than one year the US is no longer energy independent and Biden is begging theSaudis and even the Iranians and Venezuela for oil. The increase in gas prices happened long before Putin invaded Ukraine. According to the Trump loathers Trump in cahoots with big oil conspired to raise oil prices. Or according to faux Indian Elizabeth Warren it’s all price gouging. Biden’s green policies had nothing to do with price increases and besides it’s all Putin’s fault. Sadly some people will believe this BS.
I saw that hearing on CSPAN. The DemonKKKrats were declaring war on the oil producers. They used climate as justification to bully the oil executives into declaring they will reduce oil production.
Every last one of them should be up against the wall blindfolded.
So after years of demonizing oil companies,now actively destroying them,democrats claim they have nothing to do with where we are?
They sure are playing Americans for suckers
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