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US faces national security ‘threat,' rising energy bills over 'too much' Russian dependence, CEO warns
US facing ‘real national security threat’ over ‘too much’ Russian energy dependence: Amir Adnani
Uranium Energy Corp. founder and CEO Amir Adnani says ‘energy is life’ and stresses that the U.S. must be in control of its own supply and ‘destiny.’
One U.S. energy CEO is calling out President Joe Biden’s proposed windfall profits tax and further finger-pointing at oil companies, claiming it makes a domestic energy and power "crisis" even "more complicated."
"The reality is we depend too much on Russia and former Soviet Union states," Uranium Energy Corp founder and CEO Amir Adnani told FOX Business’ Maria Bartiromo Wednesday. "And if we don't look for these resources in our own backyard, we're not only going to face surging prices and energy bills that are going to go up, but we're also going to face a real national security threat because that's what energy is. Energy is life."
On Monday, Biden, argued that oil companies’ recent profits were a "windfall of war" in Ukraine, and said he thinks they have a "responsibility to act in the interest of their consumers, their community and their country." He urged them to direct some profits to boost their U.S. production and refining capacity and to lower gas prices Americans see at the pump.
"If they don’t, they’re going to pay a higher tax on their excess profits and face other restrictions," the president said. "My team will work with Congress to look at these options that are available to us and others. It’s time for these companies to stop war profiteering."
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Adnani argued this would be like removing oxygen masks during a plane crash on "Mornings with Maria."