With average oil prices well over $4 a gallon, many Democrat leaders have shirked responsibility in many directions, speaking about the ongoing war in Ukraine or blaming oil executives for the high gas prices.
Denver based oil executive Dan Eberhart offered a different, more realistic take, telling FOX Business that the White House and leading Democrats are “working against Big Oil, not with us.”
“We’ve got a good economy. Demand is strong,” Eberhart said. “We need more supply to bring the price down, and the administration just keeps putting roadblocks in our way to do that.”
Eberhart spoke of many different ways the Biden administration has been making life difficult for oil companies to keep up with supply issues, piling on regulatory burdens.
“The SEC compliance issue on climate disclosure is an additional regulatory burden; moratorium on drilling on federal lands is an additional burden,” Eberhart continued, “canceling the pipelines Keystone, Dakota Access and there’s six others, it’s a regulatory burden.”
Eberhart called the decisions and regulatory polices of the Biden regime “dumb” and also believes voters in November will agree with him.
“I think the decisions are dumb, and don’t take my word for it,” he said. “Ask voters in November. I think we’re going to see the answer.”
Other conservatives have been pointing out the disastrous consequences of Biden’s regulatory policies. Speaking to the Senate Committee on Commerce, Science and Transportation, Senator Ted Cruz, R-Texas, pointed out that, “When Joe Biden took the oath of office, the average retail price of gasoline was $2.38 a gallon. Today, it is $4.23 a gallon.”
“In some parts of the country, the price has crossed $6.90 a gallon. This was not an accident,” Cruz said. “It was not an unintended side effect. Nor was it principally the result of the war in Ukraine. This was the result of the Green New Deal zealots in the Biden administration.
“They told the American people they would do this,” Cruz said. “And they kept their promise. And now, the Democrats have discovered they have a problem.”