Well, let me thank the gentleman from Colorado for his dedicated service to not only the State of Colorado but to our Nation. We have been coming to the floor talking about the increasing prices of energy across America. Since we came back in January, we have taken to this floor to talk about the very poor policies coming out of the administration. {time} 2020 And just to give you an example of that, on Inauguration Day of President Obama, AAA said the gasoline prices in America averaged $1.84 a gallon. Today, gasoline prices are averaging across this great land $3.73 a gallon. That is a 102 percent increase during the Obama administration. But yet he will claim, the administration will claim, that they have increased domestic energy production. They've increased onshore and offshore drilling, and apparently oil and natural gas are just bubbling up out of the ground and providing this. But, America, that's not the case. That's not the case. Gas prices are going up simply due to two factors--supply and demand. Those are the things that contribute to the price of a barrel of oil in the world. Supply and demand. Now, I admit that world demand is up even while United States demand is lower than it was in 2008. World demand is up. So that's one factor. But the supply factor. Americans know that we are tremendously dependent on Middle Eastern oil. We've got the resources here in this country.…
Share
More from Jeff Duncan
Thank goodness for the policies of the last administration. This administration seems to be touting that it has increased production. That came about because of policies of the Trump administration, when, on day one, the Biden…
Vladimir Putin is selling 40 percent more natural gas to Europe now than he did before the Ukraine war. By not selling Europe American LNG, the administration is putting money in Vladimir Putin's pockets for him to fund the war. Mr…
I get to say once again from the House floor, ``Go Tigers,'' as I rise to celebrate the 2023 NCAA men's soccer national champions, the Clemson Tigers. On Monday night, the Clemson men's soccer team took to the pitch to beat Notre Dame and…
I think President Biden has to extend an olive branch to those folks in the middle and talk with a very high articulate voice as to where the economy - because if you're one of those folks sitting on a bunch of assets, you don't want…





