Gas prices too high? The Left says 'Let them eat cake!'
Heritage Explains
Heritage Podcast Network
4.7 • 848 Ratings
🗓️ 27 June 2022
⏱️ 22 minutes
🧾️ Download transcript
Summary
Everyone is talking about sky-high gas prices. $5/gallon is hitting all of us where it hurts. On this episode, Heritage Foundation Executive Vice President, Derrick Morgan helps us understand why the left's proposed solutions to lowering sky-high gas prices are just gimmicks and do nothing to fix the actual problem. Instead, the Biden Administration should pursue and developing the abundant natural resources this great nation has.
Show Notes:
We Don’t Need a Costly, Mandated Detour to Electric Cars - https://www.heritage.org/coal-oil-natural-gas/commentary/we-dont-need-costly-mandated-detour-electric-cars
The Real Culprit Behind the Gasoline Supply Crunch - https://www.heritage.org/coal-oil-natural-gas/commentary/the-real-culprit-behind-the-gasoline-supply-crunch
High Gas Prices: The Pain Is the Point - https://www.heritage.org/coal-oil-natural-gas/commentary/high-gas-prices-the-pain-the-point
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Transcript
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| 0:00.0 | From the Heritage Foundation, I'm Tim Desher, and this is Heritage Explains. |
| 0:31.9 | And we've talked about it many times on this podcast. |
| 0:38.3 | Gas prices and other energy prices sky high. And now the liberals here in Washington are acknowledging the incredible pain to our budgets that this is having. |
| 0:47.3 | Now let's listen in to their talking points on how they're going to fix the problem. |
| 0:53.3 | Here's Senator Debbie Stabenow, U.S. Energy Secretary Jennifer Granholm, |
| 0:58.9 | Senator Chuck Schumer, Vice President Kamala Harris, and, of course, President Biden, |
| 1:04.7 | in just a little montage John Pop and I put together. |
| 1:09.2 | I'd have to say just on the issue of gas prices after waiting for a long time to have enough |
| 1:15.6 | chips in this country to finally get my electric vehicle. I got it and drove it from Michigan |
| 1:21.2 | to hear this last weekend and went by every single gas station. and didn't matter how high it was. |
| 1:28.3 | If you filled up your EV by charging and you filled up your gas tank with gasoline and you have the same size tank, |
| 1:36.3 | you would save $60 per fill up by going electric rather than using gasoline. |
| 1:42.3 | So it's very compelling case. |
| 1:45.0 | But again, to your point, we want to bring down |
| 1:47.1 | the price at the point of purchase. |
| 1:49.8 | We're here today because we need immediate relief |
| 1:52.6 | at the gas pump and the place to look |
| 1:55.0 | is the strategic petroleum reserve. |
| 1:58.5 | Exxon made more money than God this year. |
| 2:01.6 | And by the way, nothing's changed. |
| 2:03.6 | And they're not, by the one thing I want to say about the oil companies, they talk about |
| 2:07.6 | how we have, they have 9,000 permits to drill. |
... |
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