"Long before Russia’s invasion of Ukraine, gas prices in the U.S. had been on a rapid upswing as a result of decisions to cancel the Keystone XL Pipeline, freeze new oil and gas leases on federal lands, order the cessation of drilling in Alaska, and promulgate anti-oil and gas rulemaking from the highest levels of government," the financial officers wrote.
The letter authors encouraged the president to bolster American oil, gas, coal and nuclear production – as well as American energy investments – rather than rely on other countries' energy production to power American cars, homes and businesses.They note that the United States was a net exporter of energy resources in 2019.
An oil treatment plant in the Yarakta Oil Field, owned by Irkutsk Oil Co., in Russia, March 10, 2019. "Forcing markets to restructure at a pace faster than that of technological innovation drives up the cost of commodities like energy and, by extension, other goods and services, hurting the poorest Americans most," they wrote. "The [SFOF] and state leaders support policies to expand energy production and development, encourage conserving, and urge this Administration to change its policies toward American reliable energy sources in order to protect the U.S.
The national average per gallon of gas is $4.18 – six cents less than the price per gallon last week, and up more than $1.30 since the same time last year, according to
So literally no one is going to ask the oil executives to bolster energy production. You know the people that literally can make it happen. No let’s ask Biden.
Barking up the wrong tree there.
The solutions are (were) within POTUS Biden’s reach: Just continue Trump admin policies .. and don’t speak or tweet.
I didn't know Joe owned a drilling rig.
Gas prices, directly controlled by US Oil companies, are the main driving force of inflation. Let me say that again, US Oil companies gouging Americans not only at the pump, but driving ALL prices higher - NOT Biden. There is NO energy shortage.