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GOP supports oil ban in Venezuela as Biden looks to counter rising gas prices

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BEFORE FOX: House Republicans on Wednesday will introduce a resolution to prevent the Biden pilot from importing oil from Venezuela amid the Russian war in Ukraine.

Led by Florida Republican Rep. Scott Franklin, one of the 20 GOP lawyers trying to circle the House of Representatives is looking for new ways to avoid rising pump costs.

Gas prices have risen this week and oil prices are expected to rise following President Biden’s announcement of a ban on Russian oil, gas and coal.

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President Joe Biden said this during an event to announce an investment in the construction of equipment for electrical technology at the South Court Auditorium on the White House campus.
(AP Photo/Patrick Semansky)

The UK has also said it will cut its reliance on Russian oil by the end of 2022 and the European Union has said it will cut off imports of Russian oil – a move that is more difficult to obtain. Europe accounts for 40 percent of its oil production. from Moscow and the US getting about three percent.

But as Russian oil prices increase, the United States and Europe are seeking to shift their demands to other oil -producing governments – leading to a reduction and an increase in prices in the pump.

The envoy of U.S. officials traveled to Venezuela on Saturday to meet with the government of President Nicolás Maduro – the U.S.’s best oil producer.

“By entering into talks with the Máduro government, the Biden administration has once again expressed a greater interest in buying oil from corrupt dictatorships rather than supporting domestic production,” Franklin said in a statement. a statement to Fox News. “The removal of oil sanctions in Venezuela to end imports from Russia will only change the reliance on one dictator over another.”

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It’s not clear if leader Biden has taken steps to lift sanctions in Venezuela, which has seen sanctions after his 2018 election, but Secretary of State Antony Blinken said on Wednesday the United States may seek to re -establish ties with Caracas.

“It’s true that we want the world to take care of energy supply, including our diplomatic activities,” Blinken said in response to questions about the U.S. to appease Maduro-sanctions.

Secretary of State Antony Blinken spoke during a meeting with British Foreign Secretary Elizabeth Truss, unnamed, in Benjamin Franklin's room at the State Department, Wednesday, March 9, 2022, in Washington.

Secretary of State Antony Blinken spoke during a meeting with British Foreign Secretary Elizabeth Truss, unnamed, in Benjamin Franklin’s room at the State Department, Wednesday, March 9, 2022, in Washington.
(Jim Watson, Pool and AP)

But the idea of ​​lowering sanctions in Venezuela to boost the global oil market has provoked lawyers on both sides of the road.

“Nicolás Maduro has cancer in our hemisphere and we don’t need to breathe new life into his reign of torture and murder,” Senate Foreign Relations Committee chairman Bob Menendez said. in a speech on Monday.

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“Therefore, I will strongly oppose any action to fill the sacks of the national oligarchs with oil while Maduro continues to deprive Venezuelans of human rights, traditions, and with food, ”he said.

GOP lawyers have called on the Biden administration to increase domestic oil production rather than looking elsewhere.

GOP supports oil ban in Venezuela as Biden looks to counter rising gas prices

Source link GOP supports oil ban in Venezuela as Biden looks to counter rising gas prices

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