June 27, 2022

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Democrats Have Gasoline Price Amnesia

1 min read

House Democrats must have political amnesia—or hope Americans do. On Wednesday they’re holding another political struggle session to lash oil and gas CEOs for surging gasoline prices. But only last autumn they were demanding that these same companies produce less oil to reduce the global supply of crude.

During the Oct. 28 hearing, California Rep. Ro Khanna praised BP and Shell CEOs for pledging to reduce their oil production. Then he asked U.S. oil execs why they weren’t doing the same. “Are you embarrassed as an American company that your production is going up while the European counterparts are going down?” he asked Chevron CEO Michael Wirth.

2022-04-05 18:41:00

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