David McCormick, a George W. Bush administration alum and former CEO running for U.S. Senate in Pennsylvania, slammed President Biden's 'war on energy' for record-high gas prices, contesting Biden's strategy of blaming Russian President Vladimir Putin.
will allow the sale of E15 gasoline – gasoline that uses a 15% ethanol blend – across the country this summer. Biden has also moved to release 1 million barrels of oil per day from the Strategic Petroleum Reserve for the next 6 months. The president is also calling on Congress to make companies pay fees on idled oil wells and non-producing acres of federal lands, aiming to incentivize new production.
Within his first week in office, Biden signed an executive order temporarily suspending new oil and gas leases on federal lands. The administration the new leasing last month following court challenges against the ban. The administration is appealing a ruling in which Judge James Cain, a Trump appointee, struck down the ban. an oil and gas lease sale for over 1 million acres in Alaska's Cook Inlet last week, amid record gas prices. The DOI cited "lack of industry interest," but Steve Milloy, a former Trump-Pence EPA transition member and founder of JunkScience.com, blamed the president.
"I blame Biden for all lack of production. He has scared away investment," Milloy told FOX Business last week. He suggested that the president will find "any excuse to not drill. They even tried to use the social cost of carbon decision to stop leasing."Gov. Tom Wolf, D-Pa.
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