This week, the Biden Administration argued that “when we have electric cars powered by clean energy, we will never have to worry about gas prices again." However, petroleum is also used in many parts of electric vehicles and even Tesla CEO Elon Musk has said “we need to increase oil & gas output immediately.”
“The cost of oil will be a concern for decades to come, and even with electric vehicles, the United States will still need oil, because it is used to make vehicle parts and millions of other products Americans use every day,” said Congressman John Moolenaar. “Instead of begging other countries to produce more oil, President Biden should expedite approval for oil and gas projects here at home. This will create jobs and help the country meet its current and future energy needs as part of a comprehensive strategy that involves oil, gas, and other sources of energy.”
The U.S. Energy Information Administration, a federal agency run by the Biden Administration, points out: "Petroleum products include transportation fuels, fuel oils for heating and electricity generation, asphalt and road oil, and feedstocks for making the chemicals, plastics, and synthetic materials that are in nearly everything we use. In 2020, of the approximately 6.6 billion barrels of total U.S. petroleum consumption, 44% was finished motor gasoline (includes fuel ethanol), 21% was distillate fuel (heating oil and diesel fuel made from crude oil and biomass-based diesel fuel), and 6% was jet fuel. Over 13 other types of petroleum products made up the other 29% of total petroleum consumption in 2020."
Original source can be found here.
