House Republicans Urge Biden To End Budget Restrictions To U.S. Oil Industry

House Republicans Urge Biden To End Budget Restrictions To U.S. Oil Industry

OilPrice.com

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In the light of high gasoline prices in the United States, House Republicans on Thursday sent a letter to the White House requesting that it end the budget restrictions on the U.S. fossil fuel industry. The letter comes just a day after the White House urged OPEC to produce more crude oil to alleviate high gasoline prices that are squeezing consumers during pandemic times. The letter, sent by House Republicans on the Transportation and Infrastructure Committee, asked Biden to remove the current restrictions in the 2022 budget that prohibits the…

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