On the recordJanuary 17, 2024
I want to thank the Senator from West Virginia for holding this event to highlight one of the biggest issues facing working families today, and that is the cost of energy in America. Since President Biden took office, the overall price of energy has skyrocketed by almost 35 percent. And when you dig down into the numbers, individual sources of energy, the news doesn't get any better. Fuel oil is up nearly 50 percent; gas prices are up over 40 percent; natural gas is up over 27 percent. You know, in real terms, everyday Americans are spending an extra $111 per month to fuel their car and to heat their home. Businesses of all sizes are having to spend thousands of dollars more to produce goods and to move them around the country. So what is causing all of this? Well, if you ask President Biden, he trots out talking points blaming foreign conflicts for the rising prices. But, to be fair, turmoil in the Middle East and Russia certainly plays a part. But the real question is, Why is the United States so dependent on foreign nations in the first place? Why are we at the mercy of petty despots and dictators for the fuel that we need right here? It is because President Biden has orchestrated an all-out assault on American energy, starting on his first day in office.…





