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  • Dem Rep. Sherman: 75 Cents of Gas Hike Due to Putin, U.S. Production Won’t Impact Oil Price, Need Saudis to ‘Backfill’

    03/13/2022 10:49:53 AM PDT · by rktman · 51 replies
    breitbart.com ^ | 3/12/2022 | Ian Hantchett
    On Saturday’s broadcast of the Fox News Channel’s “Fox News Live,” Rep. Brad Sherman (D-CA) stated that only “the last 75 cents” of the increase in gas prices is due to Russia, but the rest is due to OPEC, oil prices will remain high until “we get the Saudis to backfill” Russian oil, and he can’t see himself supporting the Keystone pipeline. Sherman said, [relevant remarks begin around 2:45] “Well, the last 75 cents is because of what Putin has done. Prior to that, it’s what OPEC has done, constrained supply. And the fact is that the United States is...