SHIFTING GEARS: The rebranding comes as Democrats seek to wean the U.S. from fossil fuels that made America a net energy exporter.
Rep. Ro Khanna, D-Calif., discusses Biden’s China strategy, saying America should not be exporting oil to foreign countries right now, on "Sunday Morning Futures.
House Majority Leader Steny Hoyer, D-Md., Rep. Sharice Davids, D-Kan., right, and Rep. Susan Wild, D-Pa., arrive for a news conference at the U.S. Capitol on June 23, 2022. Most of the money is slated for clean energy incentives and tax credits for purchasing electric vehicles — which rely on critical minerals controlled by China and other foreign actors. Democrats claim the bill bolsters energy independence by investing in domestic alternatives to fossil fuels.
The shift in tone on energy independence marks a significant departure from recent election cycles, when the issue was usually a hallmark of GOP campaigns. It comes as gasoline prices, although declining nationally, are still nearly a dollar higher compared to a year ago, according to the American Automobile Association.and President Biden's prioritization of combating climate change.
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