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Barrasso Questions Treasury Secretary Yellen on Record-High Gas Prices and Inflation
U.S. Treasury Secretary Janet Yellen testified at a U.S. Senate Committee on Finance hearing Tuesday on President Biden’s Fiscal Year 2023 budget request. U.S. Senator John Barrasso (R-WY) questioned Yellen on how the Biden administration plans to address the record-high gas prices and inflation impacting Americans across the country.
Barrasso, while addressing Yellen, said her Fiscal Year 2023 Budget and Revenue proposals include tax hikes that specifically target U.S. energy production.
Barrasso said some of the oil and natural gas leases in Wyoming that are affected by the sue-and-settle agreement are from 2015 all the way up to the end of the last administration.
Thomas Jones
June 7, 2022 at 9:14 pm
Joe Biden’s Commence Secretary Gina Raimondo and Treasury Secretary Janet Yellen both threw in the towel on gas prices today saying, “there isn’t very much more to be done.” There are things that can be done, but they just wont do it, john. Youre dealing with rabid far left green WEF cultists, john, and until you realize that and decide to do something about it, youre just moving air with your mouth.
Ray Olson
June 8, 2022 at 8:29 am
Exon profits up 300%, what else needs to be said?
Thomas Jones
June 8, 2022 at 9:18 am
Then its a good time to drill so they can spread the wealth around to their employees! Did you complain about the tens of billion$ in profits from we the taxpayers that BIG pharma was raking in for a vaccine that doesnt really work? The high oil prices are due to the policies that your cognitively challenged puppet put in place, ray. Maybe you should have vetted your candidate better before you voted for him.
Ray Olson
June 8, 2022 at 10:03 am
Why would Exon drill at this point- 300% increase in profits with no increase in production costs makes stockholders very happy. They have no incentive to increase supply and it shows in the foot dragging to reopen the wells they took out of production during covid’s high water mark. In addition to the math class you desperately need if you can’t figure out vaccines work you might also want to look at an intro to business class (as should Barrasso).
Clark Guelde
June 9, 2022 at 12:58 pm
What should be asked is why aren’t you buying an electric car and installing a solar and wind system to power it if you’re that offended by the profit margins of the oil companies?
Ray Olson
June 9, 2022 at 5:03 pm
Already doing what I can as I can. Hve been for years.
Fred Osborn
June 8, 2022 at 7:38 am
How on this green earth can this puppet pry himself away from McConnell’s derriere long enough to question anybody.Wyoming deserves better than this.