Electricity is the lifeblood of the U.S. economy it is essential for all transportation, and for manufacturing all food and consumer products on which Americans rely every day. Many small businesses and families are still struggling to make ends meet during this fragile economic rebound, and the last thing they need is the rapidly increasing electricity, fuel, and food costs. Affordable energy is the key to lasting economic recovery, and a market-based energy policy is the best way to achieve it. An effective energy policy embraces and encourages the use of abundant and reliable domestic energy resources. Any energy policy that tightens supplies and raises prices will hurt everyone but especially the lower and middle income and needlessly prolong the economic misery. It is vitally important to thwart policy initiatives that raise energy prices, make American manufacturing uncompetitive, and send American jobs abroad.
Gas prices reached a national average of $4.72 per gallon this week another record high and nearly double what they were when President Biden took office at the beginning of last year.Additionally, President Biden has been pushing for more foreign production while tying the hands of our American oil and gas producers here at home.. The President should be rolling back
and you look at basically what the cost has been to consumers of natural gas, it s come down in the last few years by half. that s a huge part. but really all of the above energy policy which the president talks about, and we hope he really means, really needs to involve a portfolio of oil, natural gas, clean coal, wind, solar and other renewables. if we re able to do that we will be a country that can, indeed, tell opec we re tiring of spending. we ll spend about $4 trillion overall the cost of the wars of afghanistan and iraq protecting oil fields out there. we no longer have to be at the mercy of opec dangling threats in front of us, using their money to fund terrorism and other issues around the world it will be a very, very important day to have american energy freedom. we re looking at video of keystone pipeline which has not been completely approved obviously and that s being discussed right now. you mention something very important, congressman, about opec, and about the resu