Friend,
This week, President Biden doubled down on his failed energy agenda and announced plans to release 15 million more barrels from the Strategic Petroleum Reserve. When OPEC+ announced production cuts last week, President Biden’s first call should have been to American producers, including Iowa’s biofuel producers. Instead, he chose to drain our emergency reserves even further. The Strategic Petroleum Reserve is meant to be used in the case of national emergencies, like severe weather, not for political convenience.
Unfortunately, it has become apparent that President Biden would allow our Strategic Petroleum Reserve to hit zero rather than unleash domestic energy options that could lower gas and utility prices and bolster our national security. Draining our emergency reserves is shortsighted and is further jeopardizing our energy security.
That is why I helped introduce the Strategically Lowering Gas Prices Act that would prohibit the President from tapping into the Strategic Petroleum Reserve while blocking domestic production – if the President won’t do this on his own, we must force him to do so and hold his Administration accountable for their failed energy agenda.
Energy dependence was a choice made by the Biden Administration and Speaker Pelosi. We had affordable gas, full oil reserves, and robust domestic production until President Biden and Speaker Pelosi systematically undercut our energy independence, leading to the shortages and high costs Americans are experiencing today.
I will continue advocating for an all-of-the-above energy strategy that prioritizes Iowa biofuels so that we can lower prices at the pump and utility bills, and protect our national security.
Read on below for more information about my work for Iowans this week!
Best,
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