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Financial officers from 27 states demand Biden bolster domestic energy production as gas prices climb

Audrey Conklin of Fox Business reports on state financial officers that are demanding more domestic energy production.

The C3 Take
  • The State Financial Officer Foundation (SFOF), a nonprofit comprised of financial officers from 27 different states, has called on President Biden to boost domestic production of oil and gas.
  • Increasing American energy production is a win for consumers, our allies, and the environment.
  • The administration can increase energy production by reducing regulations and investing in infrastructure to allow the private sector to thrive.

“‘Forcing markets to restructure at a pace faster than that of technological innovation drives up the cost of commodities like energy and, by extension, other goods and services, hurting the poorest Americans most,’ they wrote. ‘The [SFOF] and state leaders support policies to expand energy production and development, encourage conserving, and urge this Administration to change its policies toward American reliable energy sources in order to protect the U.S. economy, and provide energy security for American families.'”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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