Rep. Issa Warns Oil Companies Against Profiting From US Shortage
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Rep. Darrell Issa (R-CA), Vice Chairman of the House Foreign Affairs Committee, says he opposes a diesel export ban, but warns US oil producers against using higher global prices to boost profits while creating scarcity at home. Rep. Issa calls the gains a “tremendous windfall,” and companies “can’t have it both ways.” Rep. Issa argues the US has mismanaged the Houthi threat for years, allowing the group to rebuild its capabilities and support attacks in the region. He speaks with Kailey Leinz and Joe Mathieu on Bloomberg’s "Balance of Power." -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelev
Tags: AI Race, CNN, California, China, Congress, Darrell Issa, Diesel, Donald Trump, Energy prices, Free speech, Fuel, Gas Prices, Iran, Joe Mathieu, Kailey Leinz, MS Now, Oil, Politico, Press, Refineries
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