U.S. Rep. Jim Banks (R) introduces the “No Oil From Terrorists Act,” legislation that would ban the importation of petroleum from Iran. He notes that despite decades of precedent prohibiting oil imports from Iran, the Biden Administration is refusing to commit to not purchasing Iranian oil. “When Joe Biden crushed the American energy industry on day one of his presidency, he left Americans dependent on our foreign adversaries for oil. This sent gas prices through the roof and allowed Putin to fund his unprovoked war,” Rep. Banks asserts. “To add insult to injury, the Biden administration is now considering buying oil from Iran, the world’s largest state sponsor of terror. There is absolutely no reason to import terrorist’s oil when we can drill better, cheaper, and cleaner right here at home” . . . Rep. Banks updates plans for his Northeast Indiana Defense Summit in the spring. The summit will now also include a day-long forum in support of Northeast Indiana’s national defense industry on April 11. Speakers and special guests will include: U.S. Rep. Mike Rogers (R-AL), a Hoosier native who is the top Republican on the House Committee on Armed Services; Palmer Luckey, founder of Anduril; AM General CEO Jim Cannon; Dr. Jerry Hendrix, author of To Provide and Maintain a Navy; and Jacob Helberg, author of The Wires of War. “My hope is that this is the first many summits like it,” says Rep. Banks, noting that “Our region has a lot to offer. I know national industry leaders will see our workforce, their ingenuity and the benefits of our location near key military bases and see an even greater potential for collaboration.”
