On the recordJanuary 26, 2023
I am amazed to see, for hours, Republicans arguing against President Biden lowering gas prices. That is simply fascinating to me. President Biden was well within his authority and the law he utilized to draw down oil from our strategic reserve. The law is there to help prevent disruption. There is a war in Ukraine. We rightfully banned Russian oil together. That is a disruption, and President Biden acted. Maybe you all didn't like that, but he acted. That resulted in savings for American families of $1.69 per gallon since the peak price. So what are you all talking about? Now, compare President Trump, who used the strategic reserve to help pay for the GOP tax scam for the rich. So let me get this straight. Republicans think saving American families on gas during a war in Europe is wrong, but financing tax cuts for fat cat billionaires is okay. That makes no sense. Even more incredible, President Biden sold the oil on an open market, at a high price, and then he replenished it at a lower price, earning $4 billion in profit for American taxpayers. You cannot make this up. Then my colleagues across the aisle--how do you like them apples, huh? Another thing, oil companies already hold leases on 12.6 million acres of public lands already, and they are using just about half of them.…





