Boswell Fights to Keep American Oil for American Families

Leonard Boswell

Washington, DC – Today, Congressman Leonard Boswell voted to keep oil and natural gas that is produced in the United States solely for American consumption.

“Domestic oil production is currently at a 10-year high, increasing by one-third in the last two years, yet gas prices are still rising as Big Oil and Wall Street are taking advantage of consumers at the pump,” Boswell said. “I voted today to make sure that domestic oil stays in-country and solely benefits American communities and workers. I understand that Iowans cannot afford to pay $4 for a gallon of gas and cannot stomach doing so when oil and gas companies receive billions in government subsidies. While in my gut I feel a supply shortage is not the driver behind outrageous gas prices, I will employ every solution to bring down the cost to consumers – from safe and responsible domestic drilling to holding Wall Street accountable for excessive speculation.”

Boswell sent a letter this week to House Agriculture Committee leadership requesting a hearing and investigation into the role of Wall Street in driving up the price of oil through excessive speculation and profiteering.