Here’s a fact; gas prices are out of control.
Across the country, they are a full dollar above what they were a year ago, and if you live in states like California or New York you know that one of gallon of gas costs closer to $5 dollars than $4.
Part of the problem according to Joe Biden and his administration is OPEC is not producing enough oil for what the needs of the U.S. are, and on Thursday they did something that seemed odd at best; they urged OPEC to pump more oil to meet our needs.
National security adviser Jake Sullivan put the message on White House letterhead, with this being part of the message/plea.
“While OPEC+ recently agreed to production increases, these increases will not fully offset previous production cuts that OPEC+ imposed during the pandemic until well into 2022. At a critical moment in the global recovery, this is simply not enough.
“We are engaging with relevant OPEC+ members on the importance of competitive markets in setting prices. Competitive energy markets will ensure reliable and stable energy supplies, and OPEC+ must do more to support the recovery.”
Upon hearing about that, Texas Governor Greg Abbot blasted the White House, saying that his state can reduce the price of gasoline alone by producing more oil. All he asks is for Biden and his administration to stay out of the way.
Abbot went to Twitter, posting an open letter to Biden.
“Dear White House: Texas can do this. Our producers can easily produce that oil if your Administration will just stay out of the way. Allow American workers—not OPEC—produce the oil that can reduce the price of gasoline. Don’t make us dependent on foreign sources of energy.”
As of now, there is no federal ban on drilling domestically, but as soon as Biden took power, he slashed U.S. control over oil prices. He cancelled the Keystone XL Pipeline and put a moratorium on new leases to Drell on federal land and water.
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