Mike Kennedy: “HR1 restricts American adversaries such as Russia, China…”

“Not only does the price of the pump for the consumer go down, but but producers headaches over market volatility go down as well. In addition, HR1 restricts American adversaries such as Russia, China, Iran and North Korea from owning, controlling or supplying material assistance or components to US Based energy projects. Further, tax credits earned by such projects cannot be transferred to those same rogue states directly or indirectly. That makes a lot of sense.” (08:11–08:22)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.