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Pelosi Statement on President Biden’s Action to Put America’s Farmers in the Lead to Bring Down Gas Prices

Washington, D.C. – Speaker Nancy Pelosi issued this statement after President Biden announced new actions to bring down the cost of gas:

  

“Families across the nation will greatly benefit from President Biden’s patriotic new action to bring down prices at the pump by propelling the development of homegrown ethanol.  Doing so will reduce our nation’s dependence on foreign oil and empower America’s farmers to help fight Putin’s Price Hike.  Now, Big Oil must join us in this effort by adding Unleaded 88 to more pumps and gas stations, rather than put their profits above the American people.

“American ethanol grown by American farmers is one of our most powerful tools to fight Putin’s Price Hike on American families.  This homegrown biofuel is a cleaner, cheaper fuel option: helping save families money at the pump while moving our nation closer to energy independence.  That is why many of us in the Congress have long fought to bolster the production and deployment of cleaner, cheaper ethanol here at home.

 

“The Administration’s new action builds on bold steps in recent weeks to bring down gas prices, including by ordering an historic release from our Strategic Petroleum Reserve and working with our allies to secure releases from strategic reserves around the world.  At the same time, we are fighting to accelerate our nation’s transition to a clean energy future, crucial for achieving energy independence and combating the climate crisis. 

 

“Democrats know that Putin’s Price Hike is weighing heavily on America’s families – and we remain hard at work to bring down burdensome costs across the board.  The Biden Administration and the Democratic Congress are laser-focused on Building a Better America: with lower costs, bigger paychecks and more jobs for all of our families.”

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