Senate Minority Leader Mitch McConnellMitch McConnellOvernight Healthcare: McConnell throws cold water on reviving ObamaCare repeal | House GOP insists they aren't giving up | Price faces new task of overseeing health law McConnell: ObamaCare 'status quo' will stay in place moving forward Senate about to enter 'nuclear option' death spiral MORE (R-Ky.) linked Tuesday's drop in oil prices to the president's push for more domestic oil drilling.

McConnell, on Fox News on Wednesday, noted that the price of an oil barrel had dropped $8. The price had fallen by about $6 a barrel by the close of Tuesday's markets.
"The new development was the president lifted the executive branch moratorium on offshore drilling the day before," McConnell said.

He repeated President Bush's call on Congress to do its part to lift the drilling ban.
"The American public understands that we're the number three oil producer in the world, that we're sitting on a sea of oil, both onshore and offshore that is locked up and has been locked up for a number of years," he said. "This new majority here in control of Congress ought to understand that the for its 14 percent approval rating is that it's not doing anything serious about the problem."

The rating McConnell referred to comes from Gallup's most recent survey. The rating is the lowest for Congress in the Gallup Poll's history.