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The American Petroleum Institute tore the House Democrats’ energy policy fulcrum on Wednesday as lawmakers grilled oil executives on Capitol Hill over sky-high gasoline prices.
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API President and CEO Mike Sommers addressed the price spike on America’s Newsroom, highlighting how lawmakers have turned to American production.
“Their tune has definitely changed,” Sommers told co-host Dana Perino. “And now they’re blaming those same leaders for the high prices. We all know that the real reason for the high prices is a consequence…of low production due to some of these policies of the Biden administration, but also of other factors that occur throughout the world.”
“That’s exactly what they’ve been asking for – for decades and decades – higher gas prices to accelerate the renewable economy that they’re looking for.”
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Sommers and other leaders have accused the White House of stifling production amid a slew of red tape, a push for renewables and the cancellation of the Keystone XL pipeline.
The White House pushed back against that narrative, accusing oil companies of price gouging and failing to use oil and gas leases.
“Congress should really look in the mirror,” Sommers said. “I don’t think any American wants less production here in the United States, where it’s produced in the safest, most responsible, and by the way, most environmentally friendly way.”
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“So we’re focused on the policies and the things we can do to ensure that Americans have access to safe, reliable, and affordable energy right now,” he continued.
President Biden announced last month that the United States would no longer import Russian energy and, as a result, billed high gas prices as “Putin’s price hike”.
Despite his remarks, gas prices reached a record high before the Russian-Ukrainian war, and US imports of Russian energy accounted for less than 10% of energy imports.