JAN JEFFCOAT (ANCHOR): The cost of energy is expected to continue soaring with the Russian invasion. And now one group who represents millions of small businesses across the country has a message to President Biden when it comes to how all that will impact all of us here at home. The Job Creators Network placed this billboard in Times Square, arguing the solution is not that complex, demanding President Joe Biden say “nyet” to Russian oil and drill more here in the U.S.
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ALFREDO ORTIZ (PRESIDENT AND CEO, JOB CREATORS NETWORK): Our first push is to -- let's go ahead and open up our domestic production here, and let’s reverse course, a very, very horrible agenda that President Biden set us on from day one of his administration.
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JEFFCOAT: Many Americans saying if we were energy independent we wouldn't have given this a second thought, because we wouldn't have to rely on Russia for oil to keep the cost down. Give me your thoughts.
ORTIZ: That’s exactly right, Jan, that's our position as well. I mean, if we had just really kept to where we were in terms of energy independence -- I mean, I think just last month it was declared by the Energy Information Administration that we are now a net exporter, excuse me, net importer of oil overall. And it's crazy to think, Jan, that just a year ago we had complete energy independence. So, look, it makes it tough because we bring in about 8%, roughly, of our oil production is Russia oil, but we're talking then about $25-30 million per day right now that is basically being shipped to Russia which is funding the Ukrainian – the war against Ukraine. I mean, so, not only is this bad domestic policy, but absolutely bad foreign policy.
Now, of course the Europeans have got themselves a little bit of a pinch here, Jan, because with 40% of their imports coming from Russia, I'm not sure if they're going to be rushing to our side to also ban imports. But we're glad to see that Canada did up north, our neighbors up north, they've already done that. It's time for us to do this, Jan, and time for us to turn to domestic production here.
JEFFCOAT: And you’ve called President Biden to reject the left’s Green New Deal proposal and increase drilling here in the states. Tell us how different life would be if the U.S. took the steps to become more energy independent, like we were just a short one-and-a-half years ago.
ORTIZ: Yeah, well fortunately, Jan, I don't really have to really make people imagine things. So we were just there just over a year ago before the Biden administration took over. Energy independence for us was not only a nice phrase, it was truly great domestic and foreign policy, because it gave us an opportunity to really focus on growing this economy, keeping inflation in check, keeping jobs rolling. While now with this Green New Deal agenda, we’ve now realized that this has only turned out to be a bad deal agenda for the American public. And so that is why we are urging for President Biden to reverse course on his domestic policy and allow for energy production to kick back in high gear in this country, in particular our oil production. So that's why we're saying, you know, drill more, pay less. It's just that easy, Joe.