Video: Energy Industry Heads Call Out Biden Admin’s Misinformation On Record High Prices
Energy industry heads have hit back at the Biden administration’s efforts to blame them for rising prices, noting that it is a ‘distraction’ from the reality that Executive actions are really to blame for supply chain issues.
Following Jen Psaki’s embarrassing attempts to deflect the energy crisis onto Russia and American oil companies who she claimed “need to drill more,” American Exploration & Production Council CEO Anne Bradbury urged “That accusation is a complete red herring.”
She continued, “It’s really a distraction from the fact that this administration has paused leasing on federal lands, something that we’re concerned about and something that we think needs to continue right away.”
Speaking at the CERAWeek energy conference, Bradbury further noted that it takes a long time to explore and develop a federal lands lease, adding that the Biden administration is legally mandated to sell the leases.
“The fact is that industry is producing at a higher level on existing leases on federal lands than in the last 20 years and these leases take many years to explore, to develop and produce on,” Bradbury added.