In her speech nominating Rep. Jim Jordan as House speaker, Rep. Elise Stefanik distorted the facts about U.S. energy production and the reasons for higher gasoline prices and utility bills.
The Biden administration is not planning to ban gas stoves. But comments from a commissioner on the U.S. Consumer Product Safety Commission about gas stoves being a “hidden hazard” and that “products that can’t be made safe can be banned” provided just enough fuel for some politicians to stoke fear and outrage.
The U.S. Strategic Petroleum Reserve was set up in the 1970s as an emergency source of oil in the event of unexpected supply disruptions. When Donald Trump took office as president in January 2017, the reserve held 695.1 million barrels of crude oil. The last full week before he left office in January 2021, it held 638.1 million barrels, or about 8% less.