GOP wants to end Russian oil imports to US, boost production

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GOP elected officials across the U.S. are criticizing President Joe Biden over his energy policies and urging his administration to do more to ramp up domestic production as a way to help wean the nation and its allies off oil from Russia.

Director of the Eurasia Democracy initiative, Peter Zalmayev, is a Kyiv resident staying in the capital to fight Russian attacks and has moved his family to a safer location.OKLAHOMA CITY -- Republican elected officials across the U.S. are criticizing President Joe Biden over his energy policies and urging his administration to do more to ramp up domestic production as a way to help wean the nation and its allies off oil from Russia.

The U.S. gets 5% to 10% of its crude oil and refined products from Russia, a fairly small share that it could probably replace with other sources if Russian supply was cut off, said Jacques Rousseau, managing director at Clearview Energy Partners. “So, here we are cutting off our own North American energy supply while helping Russia by buying their oil,” Portman said.

The crisis in Ukraine prompted an extraordinary meeting on Tuesday of the International Energy Agency’s board, which resulted in all 31 member countries agreeing to release 60 million barrels of oil from their strategic reserves — half of that from the United States — “to send a strong message to oil markets” that supplies won’t fall short.

Nevertheless, Republicans are calling for an expansion of oil and gas production as a security concern for the U.S. and its allies.

 

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Fossil fuels are not sustainable. Clean renewable fuel is where it's at. We sure can see the party accepting billions to tip the scales in favor of big oil. Republicans are the party of compromise and oligarchy.

Since when has the United States needed oil from Russia? The U.S. has huge oil reserves and no need to import Russian oil.

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