Rep. Mike Kelly points to more domestic production to drop gas prices
We're all impacted by these gas prices that only seem to be rising as we get into the summer months.
Now, what do local lawmakers share as the solution to the pain at the pump? 21 News spoke with U.S. Representative Mike Kelly and an inflation expert on what the country could be doing differently to lower those prices.
"They [the community] know exactly what's happening right now," Kelly told 21 News. "When the cost of filling your car is twice of what it was a year and a half ago."
"We shouldn't have done what we did early on back on January 20, 2021, when we shut down the Keystone Pipeline," Kelly added. "But, at the end of the day, it doesn't matter who's fault it is, it's who bears the brunt of that type of policy, and it's hard working Americans who go to the gas pump."
"We cut back on our domestic production of gasoline when Biden took over," said Bob Badowski an inflation expert from Westminster College. "It canceled the Keystone Pipeline and there's plants that are unable to look for gas or oil. Oil runs on a speculative market, so when people think there's going to be more gas or oil available, prices lower typically."
The pain at the pump is only expected to get worse. But when we point to solutions, how do we determine what political talk is actually feasible?
"One of the things we're doing of course is we're talking to the bad actors around the world right now to supplement what we decided to stop producing ourselves," Kelly said.
Representative Kelly said the United States should rely on more domestic oil production. Data from the EIA shows current U.S. oil production close to 12 million BPD, which is still short of pre-pandemic production.
"We have tremendous stores of energy," Kelly said. "Whether it be coal or natural gas, we have so much domestically. We really don't have to rely on the rest of the world to do it. It comes down to policy."
Kelly explained the global market is heavily influenced by the United States. "The global market is influenced when the United States is not producing," Kelly added.
"It alleviates other countries from having to find more gasoline somewhere else," Badowski said. "If we can control our own destiny with domestic production, that would alleviate us having to depend on the rest of the world."
Badowski agreed with Kelly, explaining more domestic production would be the best option to alleviate other countries which lowers gas prices for everyone.
"There's more supply out on the market, so the demand will be satisfied which means the demands will lower around the world," Badowski added.
Democrats continue to encourage electric vehicles, but Badowski said we have to think of a real-time solution for these high prices.
"I think something has to give here," Badowski said. "We're just not there yet with electric vehicles. We just don't have enough to satisfy the needs. We're a while away from there. Right now, we're relying on gas and it's hurting everybody."
As prices continue to rise, Wednesday's national average, $4.95, with Ohio's average at $5.06.