Live from NPR News in Washington, I'm Kurova Kulman, President Biden is calling on congressional

Republicans to work with him and finish the job of rebuilding the U.S. economy.

In his state of the Union address, the President highlighted several other points.

In one, Biden criticized oil companies for earning enormous profits last year.

That came as energy prices spiked after Russia invaded Ukraine.

NPR's Camilla Dominovsky reports Biden claims companies are hoarding profits and failing

to invest in more production.

How long the world will continue to rely on fossil fuels?

Is a central question for the fight against climate change?

Biden alluded to it in his speech.

I said we're going to need oil for at least another decade.

And that's going to exceed.

And beyond it, we're going to need it.

Last year, energy prices rose sky high, hurting consumers and enriching oil companies.

The EU has imposed a windfall tax in response.

That seems to be a political non-starter in the U.S.

Instead, Biden called for higher taxes on share buybacks, which are just one way companies

can enrich shareholders.

Camilla Dominovsky in NPR News.

Arkansas Governor Sarah Huckabee Sanders gave the Republican response to the President's

speech.

She briefly touched on energy prices, but most of her comments were devoted to blaming

...