Political Quotes

On the recordSeptember 21, 2022
Mr. President, I come to the floor today to discuss how consumers are paying more for less reliable energy as a result of the policies of the Biden administration and congressional Democrats. North Dakotans are paying 60 percent more for gasoline since January of 2021, and diesel remains at nearly $5 a gallon. Prices are high because we have a supply problem. Our friends and allies in Europe are facing an even worse supply crisis, and unless the Biden administration changes its approach, American families and businesses will continue to face these inflationary pressures. Fortunately, the solution is clear. More energy supply means consumers pay less. More supply is what helps us get prices under control, get inflation under control, and consumers relief. In 2019, the United States was producing nearly 13 million barrels of oil a day. Today, that production is down at about 11.8 million barrels a day. That is because the policies of the Democrats in Congress and the Biden administration include blocking energy production on Federal lands, and that is curtailing supply. Our vast supply of taxpayer-owned oil, gas, and coal resources on Federal lands are a national strategic asset. Yet President Biden and his ``keep it in the ground'' allies treat our NG reserves as a liability. Recent analysis by the Wall Street Journal shows that the Biden administration leased only 130,000 acres for new oil and gas production in the first 19 months of this administration.…
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John Hoeven
Republican · North Dakota

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