Sean Strawbridge, CEO of Port Corpus Christi, says the US oil and energy sector is facing “headwinds” due to the Biden administration’s policies.
HOUSTON. U.S. Energy Secretary Jennifer Granholm on Wednesday asked energy executives to start “producing more right now” amid record prices fueled by Russia’s brutal war with Ukraine.
“We must responsibly increase short-term supplies where we can right now to stabilize the market and minimize harm to American families,” Granholm said. “And that means being released from strategic reserves around the world, just like we did.”
Jennifer Granholm, U.S. Secretary of Energy, listens during a Senate Armed Services Committee hearing in Washington, June 24, 2021. (Photographer: Stephanie Reynolds/Bloomberg via Getty Images) (Stephanie Reynolds/Bloomberg via Getty Images/Getty Images)
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“That means you are producing more right now, where and if you can,” Granholm said at CERAWeek by S&P Global, which was attended by hundreds of energy industry leaders from around the world.
Granholm added: “In this moment of crisis, we need more supplies.”
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As for the actions she and President Biden could take, the energy secretary also said that oil releases from strategic reserves “may have to be repeated depending on what happens.”
Energy Secretary Jennifer Granholm delivers a speech during an event at the Prince George’s County Brandywine Technical Service Center on December 13, 2021 in Brandywine, Maryland. (Photo by Chip Somodevilla/Getty Images) | Getty Images
Granholm also attacked Republicans and industry representatives who criticize Biden for his energy policies.
“There are some here, maybe at least lobbyists or Beltway politicians who seem to think it’s time to revisit old talking points,” she said.
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“People argue that if we were still building the pipeline, which is now not even running, the situation with today’s oil prices would be different,” Granholm added. “Or that President Biden’s policies have led to production cuts when we are actually at record levels of natural gas and LNG and will be at record levels of oil production… We all know it’s the same old DC bullshit.”
Critics of the Biden administration on CERAWeek included Sean Strawbridge, CEO of the Port of Corpus Christi. He told FOX Business that one of the “headwinds” to boost US energy production is this administration’s climate agenda, which is really targeting the oil and gas sector.”
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Senator Dan Sullivan, R-Alaska, also came out in a vehement criticism of Biden.
“They were focused on destroying American energy production,” Sullivan said of the Biden administration. “The President is indebted to ultra-left programs directed against America.”