The World Bank projected that oil prices would spike 42% this year.
Friend,
How much are you paying at the pump right now? The average price of gas nationwide exceeded $5 per gallon Thursday.
There’s no denying it: Gas prices are sky-rocketing, straining budgets of everyday Americans, and forcing many of us to make hard choices about how to budget our money.
What’s worse… the World Bank projected today that oil prices would spike 42% this year and non-energy commodity prices would increase nearly 18%.
ENOUGH! What is the administration doing? Little to nothing.
While they've said they will restart the sale of oil and gas leases, which would in turn unleash American energy, they are only offering a small number of leases and with higher fees for oil producers for the first time since the 1920s.
These policies are crippling American energy in pursuit of a reckless green energy goal.
The Biden administration must reinstate oil and gas leases on federal lands, reauthorize the Keystone XL pipeline, and streamline regulations for new energy projects.
