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Public Statements

Scalise: Strategic Petroleum Reserve is Not a Bailout Fund for Obama's Failed Energy Policies

Statement

By:
Date:
Location: Washington, DC

Congressman Steve Scalise today issued the following statement in response to calls by liberals in Washington for President Obama to raid the Strategic Petroleum Reserve.

"The Strategic Petroleum Reserve is supposed to serve as a safety net for national emergencies, not as a bailout fund for President Obama's failed energy policies," Scalise said. "From rejecting the Keystone XL pipeline, to the permitorium in the Gulf of Mexico, to calling for higher taxes on American-made energy, President Obama's attack on American energy security has handcuffed American families to Middle Eastern oil and has resulted in higher gas prices at the pump. American families cannot afford to keep paying the "Obama premium' and it's time for President Obama to recognize that his policies have made us more dependent on Middle Eastern oil. Instead of continuing President Obama's failed policies, we should implement an all of the above energy strategy that increases American energy production, creates high paying jobs here at home, and lowers the price of gas at the pump."

A gallon of regular unleaded gasoline cost an average of $1.83 when President Obama was inaugurated in January of 2009. Today, the cost of a gallon of gas has more than doubled to an average of $3.71 across the nation.


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