Biden's Assault on American Energy

Floor Speech

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Mr. BALDERSON. Madam Speaker, I rise today to address the Biden administration's attack on American energy production.

Last month, as America faced 40 percent higher prices at the pump as a result of his failed policies, President Biden found himself begging OPEC to open the valve to alleviate the pinch of skyrocketing prices. To no one's surprise, OPEC refused.

Earlier this year, in a baffling sequence of events on his very first day in office, President Biden canceled the Keystone XL pipeline project, eliminating 11,000 U.S. energy jobs here at home.

And then he gave a green light to Russia's Nord Stream 2 pipeline across Europe. Perhaps most appalling is that the Nord Stream 2 decision was made in the wake of Russian hackers shutting down the Colonial Pipeline, affecting tens of millions of American up and down the East coast.

These misguided policy decisions by the Biden administration have caused irreparable harm, not just to the U.S., but also to our European allies who are growing increasingly weary of how the Kremlin may use its newfound grasp on the region's energy supplies to advance their geopolitical influence.

Destroying American energy production under the false pretense that doing so is somehow saving the environment is nothing more than a mismatch of problems and solutions. It is a disastrous display of virtue-signaling.

Meanwhile, in the midst of soaring inflation, American taxpayers are the ones left paying the price, robbed of both reliable energy options and their hard-earned money.

Madam Speaker, the Biden administration's policies are damaging American energy independence and security. We must reverse course and return to a path of American energy leadership, not foreign reliance.

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