Lucas Criticizes Biden for Further Tapping Strategic Oil Reserve

Washington, DC – Congressman Frank Lucas (OK-03) released the following statement after President Joe Biden announced a decision to release up to 180 million barrels of oil from the Strategic Petroleum Reserve (SPR):

“President Biden’s decision to further tap into the Strategic Petroleum Reserve to backfill the deficit in global oil yields is irresponsible, misguided, and will further jeopardize our national security as the Biden Administration continues to drain important emergency reserves. 

“On his first day in office, President Biden began targeting America’s energy production. Instead of halting domestic production and supply and redirecting financial capital, the United States should be unleashing its energy production and expediting permits while encouraging investment. At this very moment, Americans need relief, but unfortunately, the Biden Administration’s misguided policies stand in the way of realistically easing Americans’ pain at the pumps.

“Today’s energy crisis shows that the United States needs an all-of-the-above energy approach, not a sudden halt of oil and natural gas production, especially if America is to help wean our allies off Russian energy. I urge President Biden to unleash America’s energy independence and invest in research that embraces a wide range of energy resources, a comprehensive strategy that provides immediate relief for the American people while pursuing our long-term goals of generating cleaner, more efficient, and less expensive American energy. The people of America’s energy industry stand ready to provide that relief for their fellow Americans.”

The Biden Administration’s release of approximately one million barrels of oil per day would be the largest release from the SPR in 50 years and result in a 30 percent decrease in the reserve.

Lucas recently sent a letter to President Biden urging him to unleash American energy. 

Lucas also is a cosponsor of the American Energy Independence from Russia Act, which would create a long-term strategy increasing America’s energy production. 


Recent Posts

Mar 22, 2023
Frankly Speaking

Biden’s Land Grab An Offense To Private Property Rights

In February I began hosting town hall meetings, inviting those who call Oklahoma’s Third Congressional District home out to discuss the issues most pressing in Washington and at home in Oklahoma. While there is a lot happening across the nation, there was one topic that came up time and time again that greatly troubles me: […]

Mar 10, 2023

ICYMI: Lucas Votes to Vacate Biden Administration’s Overreaching WOTUS Rule

Washington, DC – Yesterday, the U.S. House of Representatives passed H.J. Res. 27, a joint resolution of disapproval under the Congressional Review Act (CRA) on the Biden Administration’s “Waters of the United States” (WOTUS) rule. The legislation was introduced by Transportation and Infrastructure Committee Chairman Sam Graves (R-MO), Water Resources and Environment Subcommittee Chairman David Rouzer (RNC), House Agriculture Committee Chairman […]

Mar 9, 2023

Lucas Looks Forward to Bringing Regulatory Clarity to Digital Asset Arena

Washington, DC – Today, Congressman Frank Lucas (OK-03) joined his colleagues on the House Financial Services’ Digital Assets, Financial Technology, and Inclusion Subcommittee for a hearing on “Coincidence or Coordinated? The Administration’s Attack on the Digital Asset Ecosystem.”  Lucas questioned witnesses on the SEC’s regulation by enforcement approach to digital assets and on legislative proposals that grant the […]