29/03/2023 at 02:00PM
Subcommittee on Economic Growth, Energy Policy, and Regulatory Affairs Chairman Pat Fallon (R-Texas) will hold a hearing titled “Fueling Unaffordability: How the Biden Administration’s Policies Catalyzed Global Energy Scarcity and Compounded Inflation” to examine the relationship between Biden Administration policies, energy production, and supply as price drivers and, ultimately, the share of overall inflation attributable to rising energy prices. The subcommittee will discuss policy solutions to ensure energy affordability and security for the long-term.
“The Biden Administration has been conducting a war on American energy since day one by restricting our oil investment, production, and transport. Instead of taking action to respond to record high prices by reversing his anti-American energy policies, President Biden chose to deny responsibility and ignore the pain he inflicted on Americans’ pocketbooks,” said Chairman Fallon. “We will conduct oversight to examine the implications of the Biden Administration’s industry scapegoating, overreach, and obstruction of American energy and find solutions to ensure our energy security for years to come.”
Witnesses:
- Oliver McPherson-Smith, Director for Energy, Trade, and Environmental Policy, American Consumer Institute Center for Citizen Research
- Mandy Gunasekara, Director for Center for Energy & Conservation, Independent Women’s Forum
- Dr. Mark Paul, Assistant Professor of Economics, Edward J. Bloustein School of Planning and Public Policy, Rutgers University