Washington, March 13 -- Congressman Brad Sherman issued the following press release:
Congressman Brad Sherman (CA-32) today urged President Donald Trump to immediately halt exports of U.S.-produced petroleum during the ongoing hostilities involving Iran in order to protect American consumers from rising energy prices and economic disruption.
"Higher oil prices may benefit the largest oil companies, but they function as an unavoidable tax on American families," said Congressman Sherman. "When energy prices spike, the cost of gasoline, transportation, food, and manufacturing all rise. At a time of international conflict and economic uncertainty, our priority should be protecting American consumers-not maximizing export profits for multinat...