President Biden and congressional Democrats who have championed green
energy policies while calling to shift away from domestic oil drilling are facing an uphill battle ahead of the midterm elections, as gas prices continue to climb from near-record highs following Russia's invasion of Ukraine.
During his State of the Union address last week, Biden announced that the U.S. is releasing 30 million barrels from its Strategic Petroleum Reserve
to protect consumers from the rising prices during the Russia-Ukraine war, but prices have kept rising. The national average has crested over $4 and
set an all-time record on Monday.
REPUBLICANS DEMAND BIDEN STOP FUNDING PUTIN'S WAR WITH OIL PURCHASES
Republicans argue that Biden has given Putin leverage by continuing
Russian oil purchases while canceling the Keystone XL pipeline and
freezing new oil and gas leases on federal lands. They accuse him of
funding Russian President Vladimir Putin’s attack on Ukraine by refusing
to sanction Russia’s oil and gas sector.
Some Democrats have blamed the rising prices on gouging and monopolies. Democratic Senators Elizabeth Warren, D-Mass., and Sheldon Whitehouse, D- R.I., have blamed the hikes on the "greed" of fossil fuel industries.
"The bottom line is this: The real problem with increased gas prices is gouging and monopolies," Senate Majority Leader Charles E. Schumer, a New York Democrat, said Tuesday. "You’re going to hear a lot more from us on those issues in the near, near future."
Others, like Democratic senators Maggie Hassan of New Hampshire and Mark Kelly of Arizona, who are facing tough reelection races in their states,
have called for temporarily eliminating the federal gas tax. They
introduced a bill last month that would scrap the 18.4 cents-per-gallon federal tax through the rest of 2022.
Meanwhile, House Speaker Nancy Pelosi, D-Calif., said Thursday that she’s "all for" banning Russian oil imports, and she signaled support for the proposed gas tax holiday, but she is "not for drilling on public lands."
Sen. Bill Cassidy, R-La., ripped the Democrats pushing the gas tax holiday
as "looking for political cover" ahead of the midterms.
"I will note that people promoting this tend to be Democrats who are up
for reelection, looking for a way to offset the fact that they have been opposing development of America's traditional fuels," he told Fox News Digital. "Instead, now that we've got a spike in prices, they're looking
for political cover, if you will. Another excuse not to do what is politically inconvenient."
Cassidy said it’s "hard to keep a straight face" when Biden says he'll do everything in his power to lower gas prices.
"I once read that the party in power always loses when gas prices are
above a certain threshold. They are currently above that threshold,"
Cassidy said.
https://www.foxnews.com/politics/gas-prices-democratic-bloodbath-midterms- republicans
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