As the cost of oil moves toward record highs, the White House has been rejecting the argument that increasing domestic oil production would help lower gas prices.
Crude oil rose as high as $130.50 per barrel on March 6.
Liberals are pushing back against Republicans calling for more domestic oil production, arguing that it wouldn’t actually lower gas prices.
Instead of any real solution, Jen Psaki released a set of rehearsed liberal talking points on twitter that was supposed to serve as some sort of justification for denying lower gas prices.
1. Production is up, rising, and approaching records, yet Russia’s actions still leave our consumers vulnerable. It’s a reminder that real energy security comes from reducing our dependence on fossil fuels
— Jen Psaki (@PressSec) March 6, 2022
3. The trendlines also point up. Oil production is up more than 700K b/d from Jan to Dec of last year, and is projected to be up more than 700K b/d from Jan to Dec this year, and to rise nearly 500K b/d to new record over the course of next year.
— Jen Psaki (@PressSec) March 6, 2022
5. We also know that producers have no shortage of opportunity, nor – after the high profits experienced last year – do they have any shortage of capital.
— Jen Psaki (@PressSec) March 6, 2022
7. Despite all this, even at this scale, domestic production has not insulated us from the price volatility of fossil fuels or the whims of those who control them, such as President Putin. Americans know that.
— Jen Psaki (@PressSec) March 6, 2022
9. So as we navigate how to protect Americans and the global community from Russia’s further invasion of Ukraine, let’s remember to move past the talking points and ground this discussion in facts.
— Jen Psaki (@PressSec) March 6, 2022
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