Home Local News FEENSTRA CONCERNED OVER OIL RESERVES DRAW DOWN

FEENSTRA CONCERNED OVER OIL RESERVES DRAW DOWN

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IOWA 4TH DISTRICT CONGRESSMAN RANDY FEENSTRA WAS IN SIOUX CITY WEDNESDAY, WHERE HE RECEIVED THE ENDORSEMENT OF THE U.S. CHAMBER OF COMMERCE IN HIS BID FOR A NEW TERM IN OFFICE.

JOHN KIRCHNER OF THE CHAMBER SAYS FEENSTRA UNDERSTANDS THE MAJOR ECONOMIC ISSUES FACING AMERICA TODAY:

RFEEN1 OC………ACROSS THE COUNTRY. :21

FEENSTRA, A REPUBLICAN FROM HULL, IOWA, ADDRESSED SOME OF THOSE ISSUES, INCLUDING PRESIDENT BIDEN’S DECISION TO DRAW DOWN THE NATION’S OIL RESERVES BECAUSE OF HIGH GAS PRICES:

RFEEN2 OC……SIGNIFICANT CONCERN. :13

FEENSTRA SAYS THE BIDEN ADMINISTRATION IS DEPENDING TOO MUCH ON FOREIGN OIL WHILE DOWNGRADING OUR DOMESTIC PETROLEUM BASE IN FAVOR OF ELECTRIC CARS:

RFEEN3 OC….EXTREMELY WRONG. :27

HE SAYS USING OUR DOMESTIC OIL RESERVES IS A SHORT TERM FIX, BECAUSE OPEC HAS SAID THEY WILL REDUCE PRODUCTION:

RFEEN4 OC………AND OPEC. :13

FEENSTRA MADE HIS COMMENTS AT SIOUX CITY’S GUARANTEE ROOFING, A LOCAL COMPANY IMPACTED BY SUPPLY CHAIN ISSUES, INFLATION AND A WORKFORCE SHORTAGE.