Critique of Biden Administration's Energy Policies
House Committee on Oversight and Responsibility report criticizes Biden administration's energy policies for hindering domestic energy production and causing higher costs for Americans. Gas prices have surged under Biden's administration, leading to instability in the power sector and confusion about new cars and appliances.
Key Points
- Gas prices have surged under Biden's administration
- Electricity prices have risen faster than inflation
- Biden administration imposing stricter energy requirements on products
- Over $1 trillion in additional regulatory costs imposed
Cons
- Rising gas prices under Biden's administration
- Instability in America's power sector
- Confusion about new cars and appliances
- Pricey regulatory hurdles impacting consumers and businesses