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White House Rejects Idea of Boosting Domestic Oil Production to Lower Gas Prices

Monday, March 7, 2022 By Stillness in the Storm Leave a Comment

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(Charlie Spiering) The White House on Sunday rejected the argument that increasing domestic oil production would help lower gas prices, as the cost of oil moves toward record highs.

Related Americans Return to Normal Life

Source – Breitbart

by Charlie Spiering, March 7th, 2022

Crude oil prices rose as high as $130.50 a barrel on Sunday evening.

White House press secretary Jen Psaki released a set of talking points on social media, arguing against a focus on boosting oil production in the United States.

“It’s a reminder that real energy security comes from reducing our dependence on fossil fuels,” Psaki wrote, noting that Russia’s continued invasion of Ukraine was causing a spike in oil prices.

1. Production is up, rising, and approaching records, yet Russia’s actions still leave our consumers vulnerable. It’s a reminder that real energy security comes from reducing our dependence on fossil fuels

— Karine Jean-Pierre (@PressSec) March 6, 2022

Psaki pushed back against Republicans calling for more domestic oil production.

She argued that domestic oil production was up after the coronavirus pandemic but that the United States was still vulnerable to global oil markets.

“[D]omestic production has not insulated us from the price volatility of fossil fuels or the whims of those who control them, such as President Putin,” she said. “Americans know that.”

Gas prices over $5.00 a gallon are displayed at gas stations on February 23, 2022 in San Francisco, California. The Ukraine-Russia conflict is pushing gas prices to record highs in California and across the nation. (Justin Sullivan/Getty Images)

President Joe Biden’s administration is exploring diplomatic shifts with oil producing countries including Saudi Arabia, Venezuela, and Iran, as Russia’s latest Ukrainian offensive has disrupted oil markets.

But Psaki argued the only way to truly be free from high gas prices was to stop using oil.

“The only way to protect US over the long term is to become energy independent,” she wrote, pointing to Biden’s efforts on subsidizing wind and solar energy.

8. The only way to protect US over the long term is to become energy independent. That is why the President is so focused on deploying clean energy technologies that don’t require fossil fuels bought and sold on the global market, which will always be vulnerable to bad actors.

— Karine Jean-Pierre (@PressSec) March 6, 2022

The Biden administration continues to struggle to explain the president’s decision to end the Keystone XL pipeline project, his effort to shut down drilling permitting on federal land, and his decision to suspend drilling leases in the Arctic National Wildlife Refuge.

In his State of the Union speech, Biden acknowledged that gas prices were rising, but offered subsidies for an electric cars as a solution.

He called for Congress to help him “lower the price of electric vehicles, saving you another $80 a month because you’ll never have to pay at the gas pump again.”

Biden also said he would continue releasing oil from America’s Strategic Petroleum Reserve, even though it failed to significantly affect gas prices.

“I know the news about what’s happening can seem alarming,” he said. “But I want you to know that we are going to be okay.”

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Stillness in the Storm Editor: Why did we post this?

The news is important to all people because it is where we come to know new things about the world, which leads to the development of more life goals that lead to life wisdom. The news also serves as a social connection tool, as we tend to relate to those who know about and believe the things we do. With the power of an open truth-seeking mind in hand, the individual can grow wise and the collective can prosper.

– Justin

Not sure how to make sense of this? Want to learn how to discern like a pro? Read this essential guide to discernment, analysis of claims, and understanding the truth in a world of deception: 4 Key Steps of Discernment – Advanced Truth-Seeking Tools.


Stillness in the Storm Editor’s note: Did you find a spelling error or grammatical mistake? Send an email to [email protected], with the error and suggested correction, along with the headline and url. Do you think this article needs an update? Or do you just have some feedback? Send us an email at [email protected]. Thank you for reading.

Source:

https://www.breitbart.com/politics/2022/03/07/white-house-rejects-idea-of-boosting-domestic-oil-production-to-lower-gas-prices/

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Filed Under: News Tagged With: Gas Prices, inflation, news, oil production, white house

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