“OPEC is getting ready to control and limit production of energy, because they want a higher price of gasoline,” Scalise said during a press conference. “It’s going to be something that has a really negative effect on families all across America who are already paying 50% higher in gasoline costs.”
On Sunday, OPEC+ agreed to reduce the group’s total oil output level by 1.4 million barrels per day starting in 2024.
The impacts would be less prominent if the Biden administration “stopped attacking” US domestic energy production, Scalise said. The OPEC decision would be “irrelevant” if the US had adequate domestic energy production, Scalise said.
On Monday, US State Department Principal Deputy Spokesperson Vedant Patel said that the US will work with oil producers to ensure energy markets are able to lower prices and support economic growth.