OPEC announces production cuts, but the Biden administration continues to hold Texas oil on the sidelines with prices expected to only go up.
The Texas Public Policy Foundation's Rob Henneke is among those calling on the White House to unleash domestic oil producers.
"When you have attacks on the oil and gas industry where you have regulatory obstacles made by the Biden administration that prevent more exploration and production, that's holding our country back," he says.
Henneke says anything but increasing U.S. oil production will be a disaster for consumers already suffering from Bidenflation.
"It just drives up costs at the pump, the grocery store and every other facet of our life that is basically a hidden tax on the American working class."
Meanwhile, the Biden administration to continues to partner with Venezuela and others to make up the difference.
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