Nick Loris was interviewed by Breck Dumas of Fox Business on what the government can do to lower gas prices.
Pumping more oil to meet demand will be critical in easing prices, but it is not a quick fix according to Nick Loris, vice president of public policy at the Conservative Coalition for Climate Solutions (C3 Solutions).
Domestic oil and gas firms have already been ramping up production for months, and U.S. production is likely to break records either by the end of the year or in early 2023, ‘which, for drivers today, is a long time away,’ Loris told FOX Business.
Read the full article on Fox Business.
