On the recordMarch 17, 2022
Vladimir Putin's horrific war against the Ukrainian people has all of us talking about how to prevent him and other oil-rich autocrats like him from being able to afford to commit these heinous acts in the future. It has also, all of a sudden, made everybody in this town an energy expert. I am here to set the record straight about a few things. One, Russia is a petrostate. Fossil fuels are funding Putin's war crimes against the Ukrainian people. Fossil fuels are funding Putin's assault on democracy. Fossil fuels are funding the demise of post-World War II stability in Europe. Putin's power comes from fossil fuels and our world's dependence on them. Two, you cannot end an addiction by increasing the supply. No amount of increased fossil fuel extraction in the United States, which, I should note, would take years, can take away Russia's influence on the global energy market. Since fossil fuels are a global commodity, as long as we depend on them, Americans will continue to be subject to wild price fluctuations based on the whims of petro-dictators. Three, when the fossil fuel industry and the conservative politicians they bankroll go on television claiming the solution to the pain you are feeling at the pump today is to drill more in the U.S., they are lying to you. They are lying in a cynical attempt to take advantage of a tragic situation to line their own pocketbooks. You deserve the truth.…
Source
govinfo.gov




