DEPA Chairman Harold Hamm’s Statement on Rising Energy Prices

“This Administration needs to immediately reverse course on energy both in America and globally.

What we are seeing today in energy prices is the impact of electing to work with cartels instead of the domestic oil and gas producers of America. We can supply the oil and natural gas right here in the U.S., for our country and the rest of the world, if provided the opportunity to operate.

There’s no reason to hobble one of America’s most innovate and economically essential industries by choosing to place punitive regulations that are literally drying up American supply. This ultimately hurts hard-working Americans who are going to feel the ramifications of higher prices the most. There is no need to raise the price of energy for every American family who are already dealing with inflation rates we haven’t seen in 40 years.

Read the full statement here.

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