Either the Democrats know absolutely nothing about the oil and gas industry or they are flat out lying to you. Either way, they aren't working to lower gas prices.
E&E News (6/16/22) reports: "Democrats are ramping up their rhetoric on gas prices, accusing oil companies of failing to increase production amid surging demand. President Joe Biden yesterday called on seven oil companies to bolster refining capacity while threatening emergency powers. At the same time, congressional Democrats urged passage of a so-called windfall tax on oil companies’ record profits. Biden also met yesterday with Senate Majority Leader Chuck Schumer (D-N.Y.) and House Speaker Nancy Pelosi (D-Calif.) to discuss energy prices, inflation, deficit reduction and prescription drug costs, four issues at play in a revived reconciliation package. The escalation on oil companies appears to be aimed at spurring production from the industry as the Biden administration and congressional Democrats struggle to find a silver-bullet solution for a problem with multiple, cascading causes...In letters to major oil companies yesterday, first reported by Axios, Biden said he is considering using emergency powers to ramp up refinery output. He also called for a summit of the oil industry with Energy Secretary Jennifer Granholm to talk through ways to bolster production and reduce prices. Democrats largely backed the White House’s new approach to keep the pressure on the industry, especially as refining capacity has declined globally since the start of the Covid-19 pandemic."
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"To recover from the current economic catastrophe that Democrats and President Biden have steered us into, we need permanent policies that encourage active participation by U.S. investors to drive economic progress, rather than a divisive policy like assigning ESG scores that would put American families last and far-left special interest groups first."
– Rep. Ron Estes (KS-R)
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