Washington, D.C. – Following this morning's breaking news that the inflation rate reached 7.5% in January 2022, the highest in four decades, Power The Future released the following statement on the staggering price tag of the Biden Administration's surrender of energy independence:

"With inflation soaring ever higher, the time is now to increase energy supply, and not from foreign adversaries who wish us harm, but from all the domestic sources that helped America achieve energy independence," said Daniel Turner, Founder and Executive Director for Power The Future. "Sadly, the policies of the Biden Administration have served as a proverbial boot on the throat of our energy industry. It's no coincidence that while oil and gas reserves are at their lowest, inflation is at its highest. Five dollar a gallon for gas is on our horizon, and many middle-class families are stretching to pay drastically higher heating bills. The clueless response from President Biden aren't working: begging OPEC to increase foreign output while doing everything in his power to shackle proud American producers who could offer much-needed relief."

Power The Future is a 501c4 non-profit dedicated to fighting for American energy workers.