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Will Rollins: “The gas companies themselves are telling their shareholders…”

Featuring: Will Rollins, Democratic | Former Candidate, U.S. House California, District 41

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CA Election: Race for District 41 tightens

Published | Video Starts at 03:26

We should be produce our own energy here in the United States. Do you disagree with that? Look, it sounds good. Intuitively. The issue is that The gas companies themselves are telling their shareholders on earnings calls that they have no plans to expand production. and that is because they are seeing record quarterly profit quarter after quarter. And so I think as good as that sounds, it's not an intellectually honest solution because their profit margins are still at all time records 20%. (03:26–03:36)

CLAIM

Asserts that gas companies have no plans to expand production, according to their earnings calls.

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