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While the pandemic has spurred demand, leading to increased energy prices, the Biden administration’s reliance on imports is a greater contributor to the increased costs of oil and gas said Jerry Simmons the president of The Domestic Energy Producers Alliance (DEPA) in a Dec. 23 interview on NTD’s “Capitol Report” program.
NTD is an affiliate of The Epoch Times.
On Nov. 23 the Biden administration announced that it would be taking oil out of the Strategic Petroleum Reserves (SPR) in an effort to lower gas prices, which are at a 20-year high.
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