[Congressional Record Volume 168, Number 177 (Wednesday, November 16, 2022)]
[House]
[Pages H8511-H8512]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
ADDRESSING THE DIESEL SHORTAGE
The SPEAKER pro tempore. The Chair recognizes the gentleman from
Pennsylvania (Mr. Thompson) for 5 minutes.
Mr. THOMPSON of Pennsylvania. Mr. Speaker, every few weeks, we read
headlines of another crisis: baby formula; fertilizer; and now another
important input, diesel fuel.
This administration not only continues to turn a blind eye but
perpetuates harmful policies that worsen these crises.
From day one, President Biden has launched a war on American energy,
and now it must end. Through executive actions, the Biden
administration paused domestic production of oil while limiting and
disincentivizing investments in American energy infrastructure and
refining capacity.
On his very first day in office, President Biden canceled the
Keystone XL pipeline, thus declaring war on our domestic energy
production. Seven days later, he paused new oil and gas leasing on
public lands and offshore waters. Then, in November 2021, the EPA
proposed new source performance methane standards on the oil and
natural gas industry, tying the hands of smaller producers.
[[Page H8512]]
Just last week, at COP 27, President Biden doubled down on this
proposal and announced even more burdensome requirements on U.S. oil
and gas sources. Meanwhile, Americans were pumping away their paychecks
as prices for gas and home heating skyrocketed.
This administration needs to refocus its priorities by increasing
domestic energy production, expediting pipeline permitting, and
abandoning burdensome rulemakings that are harming American
agriculture.
Let's face facts. America's farm families and consumers have
struggled with fractured supply chains, skyrocketing input costs, and
historic levels of inflation, economic woes exacerbated by
congressional Democrats' excessive spending and the Biden
administration's burdensome regulatory agenda. Under this
administration, farm production expenses are up nearly $80 billion, led
by an 84 percent, or $21 billion, increase in fertilizer expenses and a
65 percent increase in fuel expenses.
As the Biden administration's self-inflicted energy crisis surges
into a diesel shortage, they continually pass the buck by blaming
domestic energy producers.
Further, Biden's regulatory assault destroys any incentive for
domestic energy producers to invest in energy infrastructure, which
worsens energy market volatility and increases costs for vital farm
inputs such as diesel fuel and fertilizer.
In October 2022, EIA reported the distillate fuel oil inventory at
106 million. This is the lowest stock since 2008; the lowest stock for
this time of the year since 1982; and, in some regions, the lowest
inventory since 1950.
Diesel fuel is used every day to power farm and ranch equipment and
deliver goods to the marketplace. This Biden-inflicted diesel crisis
further exacerbates record inflation, skyrocketing farm input costs,
and consumer prices. The national average price for diesel fuel per
gallon is $5.36 a gallon, an increase of $1.71, or 50 percent, from
this time just last year.
By gambling away American energy and resource independence in the
name of climate change, the Biden administration has harmed the very
industry, U.S. agriculture, that contributes to 13 percent of the
annual greenhouse gas sequestration.
Just this past summer, President Biden went to the Saudis and begged
OPEC+ to increase production. Instead of relying on our adversaries and
asking them to produce more, we should be focused on the responsible
development of America's own abundant natural resources.
Mr. Speaker, Republicans have solutions focused on reversing
industry-crushing regulations and market signals, unleashing production
of crude oil, streamlining permitting and environmental review
processes, and restoring refining capacity.
We must reverse this self-inflected crisis and unleash our domestic
energy production.
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