Reuters: Oil prices hit multi-year highs as supply tightens

March 3, 2022

Reuters reports oil prices are hitting the highest level in over a decade.

  • Biden still hasn’t taken action to boost domestic energy production by reversing course on drilling permits.
  • Democrats refuse to restart Keystone XL and some (Cindy Axne) are actively attacking the idea of restarting the pipeline.
  • Environmental interests donate tens of millions of dollars to the Democrats every year.

NRCC Comment: “There are ways Joe Biden Democrats could lower oil prices, but they refuse to take those steps because radical environmentalists are large donors to the Democrat Party.” – NRCC Spokesman Mike Berg