He slammed Biden’s recent move, which released an additional 15 million barrels of oil from the Strategic Petroleum Reserve following OPEC+’s announcement that it plans to slash production by two million barrels a day.
Pence explained that the SPR is meant for national security concerns, calling Biden’s use of it to make up for “failed” policies “antithetical to American interests.”
“We’ve depleted the Strategic Petroleum Reserve by some 50%, and the 15 million barrels that he’s approved today will only worsen that at a time we have war raging in eastern Europe, we have provocations from North Korea and even from China across the Taiwan straits,” he told hosts John Roberts and Sandra Smith on America Reports. “It does not make any sense.”
The former vice president lamented the Trump-Pence administration, recalling “we achieved energy independence. We became a net exporter of energy for the first time in 70 years. We did that by unleashing American energy, by approving the Keystone and Dakota pipeline, by opening up the Alaska National Wildlife Region.”
He further slammed any attempts to blame the war in Ukraine for high prices, explaining that prices were increasing “before the first shot was fired.”
“Gasoline prices are high at the pump today not because of the war in Ukraine but because of Joe Biden’s war on energy,” Pence continued.
“We are the Saudi Arabia of natural gas,” he claimed.
But according to the Hoosier politician, “through excessive regulation” the Biden administration has squashed energy development.
Pence’s organization, Advancing American Freedom, has been “running ads in congressional districts around the country, just demanding that Democrats in Congress unleash American energy,” he said. “It’s the pathway forward, not literally dipping the ladle into the Strategic Petroleum Reserve one more time as the election approaches.”
He then predicted that voters will make their demand for American energy clear at the ballot box in November.
“My hope is that President Biden then will relent and understand that we just got to unleash the strength of this nation, particularly at such an uncertain time in the world,” he concluded.