April 5, 2023 | Rapid Response | RNC Communications
Energy

Gas Prices, OPEC, and SPR, oh my!

Rapid Response

Gas prices are on the rise, OPEC announced a slash in production, Russia and China are using their energy resources as strategic leverage, and in response … Biden threatens to VETO the Lower Energy Costs Act.

Joe Biden clearly struggles to understand the principles of supply and demand, and cause and effect. If you increase the supply of energy, prices will go down. If you unleash American energy and streamline the permitting process, energy supplies will go up.

And on those promises to refill our Strategic Petroleum Reserve? We are still waiting. The reserve is down over 40% since Biden took office, the largest decline since its creation.

For the sake of us all, will someone please give Biden a lesson in basic economics? American families can’t afford more of his war on U.S. energy – and it’s weakening our standing on the world stage.