Washington, D.C. –Congressman Michael C. Burgess, M.D. (R-TX), joined Fox Business' Mornings with Maria to discuss yesterday’s Energy and Commerce Subcommittee on Oversight and Investigations hearing on “Gouged at the Gas Station: Big Oil and Americas Pain at the Pump”, the Department of Interior, Russian sanctions, and President Biden.
Highlights: Creating Villains and Victims: “The Democrats love to have villains and victims and that was what yesterday was all about. Strong attempts on the part of Chairman Frank Pallone to vilify the oil executives saying, ‘Oh, you just use your profits for stock buybacks and dividends.’ I mean, I had a simple question for Darren Woods, Exxon’s CEO, of who holds those equities. He confirmed that it was retired teachers in Texas. I'm for the retired teachers in Texas. I want to see their investments do well. I want their retirement fund to remain solvent. Why wouldn't I be okay with them protecting shareholder value?”
Department of Interior: “It's not like we ran out [of gas] in the Permian Basin. There's still plenty there to pump and export in terms of liquified natural gas to Europe who desperately needs it, but you know, right now, we've got a problem, the Department of Interior isn't even home. It’s very difficult for them (energy producers) to get their leases on federal lands approved when everyone's teleworking in the agency. I put a bill out there to say look no more additional funding from coronavirus packages until you get back to work in your offices. Because it just makes it harder for the inter office communication to get a permit approved.”
Biden’s Sanctions: “Well, the sanctions should have been earlier. There's no question about that and they could have been more complete even to this day. The other thing is we know how to protect countries from incoming missiles. We’ve done that in other areas in the past. Why were those assets not in place last fall when all of their intelligence showed them what was happening on the borders?
