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Pfluger: President Biden misunderstands energy markets

WASHINGTON, DC – Congressman August Pfluger (TX-11) today issued the following statement in response to President Biden’s remarks on gasoline prices:

“The President and his team continue fundamentally misunderstand energy markets. You cannot ‘direct’ oil and gas producers to increase production while simultaneously telling American energy companies that they will not be needed in 10 years. A sane energy policy allows for long-term investments to be made—ensuring America will always be energy dominant and not reliant on foreign actors. Mr. President, the cavalry isn't coming. It is past time to admit that U.S fossil fuels produced by American blue-collar workers are good for humanity, our economy, and our national security.”