Alliance President Featured at Senate Hearing on Addressing High Gas Prices

Earlier this week, Alliance President Kathleen Sgamma testified at a hearing entitled “Ensuring Transparency in Petroleum Markets” before the Senate Committee on Commerce, Science, and Transportation. Kathleen discussed the need for the president to reverse course to enable American producers to increase supply and bring down energy prices.
 
The following are excerpts from responses by Kathleen and Robert McCullough, Principal, McCullough Research, to questions from the senators. Her full written testimony is also available here

​Sen. John Thune (R-SD): In your opinion, what would be the single most effective step the federal government could take or stop taking to get the greatest volume of energy back online the fastest?
 
Kathleen: I think backing off the SEC (Securities and Exchange Commission) regulation meant to deny capital to the industry would be the biggest signal they could send.

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