Petroleum Alliance of Oklahoma President Brook A. Simmons issued the following statement in response to today’s announcement by the White House that the U.S. will release 50 million barrels of crude oil from the Strategic Petroleum Reserve:
The American people are figuring out the Biden administration and its allies have now stuck working families with higher fuel, food, home heating and electricity prices. The president is now scrambling to hide the real-world effects of artificial energy scarcity. Instead of begging foreign adversaries for relief and temporary, political gimmicks, they should embrace American energy abundance, oilfield innovation, and clean-burning natural gas to bring manufacturing jobs back home for the long haul.
ABOUT THE PETROLEUM ALLIANCE – The Petroleum Alliance of Oklahoma is the only trade association in Oklahoma that represents every segment of the oil and natural gas industry, representing more than 1,300 member companies engaged in the upstream, midstream and downstream sectors of the state’s defining industry.