Wendy Sherman: “American gas prices are too high. The pressure is on this Congress to do something about it. President Biden has done…”

“American gas prices are too high. The pressure is on this Congress to do something about it. President Biden has done something about it by releasing oil at a strategic time from the Strategic Petroleum Reserve, and gas prices are down from their peak. But Americans want more. They want real action, and instead, they get what is nothing more than a 2-day fraud on this House floor: a bill that would do absolutely nothing to reduce oil prices or gas prices. Yet, by spending 2 days on the floor and by making this the bill of the week, we fool the American people into thinking that Congress is doing something. Now, how utterly meaningless is this bill? It would do nothing to increase oil production in the United States for it calls only for a plan to be created but not necessarily implemented. It implies that it would do something to increase oil production but not for well more than a year after the crisis began any spike in oil prices. Finally, even if more oil is produced in the United States, it will be exported and will lower the world price perhaps by a penny. This is a messaging bill. Its message is to attack President Biden, who is the only one who has actually done something to reduce oil prices. So let's look at what this bill does. It calls for a plan. If the administration wants to give us a plan, then give us a plan. Washington is filled with plans. The American Petroleum Institute has a plan. Everybody has a plan. So we draft another plan.…”