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Elon Musk Asks US For A Scale Up In Oil And Gas To Defend Trade Costs

By Abraham George
March 6,2022

UNTED STATES – Elon Musk said that the United States should increase its oil and gas production after Russia invaded Ukraine, even though it would hurt his company.

Elon Musk

Elon Musk

“I don’t want to say it, but we need to start producing more oil and gas right away.” “Extraordinary times call for extraordinary actions,” Musk tweeted on Friday.

 

“Of course, this would hurt Tesla,” he said. “Sustainable energy solutions can’t react quickly enough to make up for Russian oil and gas exports.”

Several Republicans responded to Musk, saying that they agreed with them.

A tweet from Sen. Tim Scott said, “I couldn’t agree more”.

When the US buys Russian oil and gas instead of making our own, we’re paying for Russia’s war, Rep. Lauren Boebert said on Twitter.

A group of lawmakers from both parties has said that they support a ban on oil and energy imports from Russia. The tweets came at the same time. While she didn’t want gas prices to go up, Speaker Nancy Pelosi  said on Thursday that she agreed with blocking oil imports.

The Speaker said, “Ban it.” Russia should not be able to get its oil from us any more.

“The United States has the ability to help all of our allies around the world while Russia uses this energy as a weapon,” said Sen. Joe Manchin on Thursday. Check that you’re doing what you need to do to get your energy from the sun. We do it better than anyone else. We do it better than anyone else. And we have the ability to do a lot more during this crisis because we have a savings account.

Psaki, a spokeswoman for the White House, said on Friday that the Biden administration was considering cutting back on Russian oil imports to the United States. She also said that gas prices could rise.

In Psaki’s words: “We’re looking at ways to cut back on the amount of Russian energy the United States buys.” If you cut back on gas supply in the global market, gas prices will go up.