Rising energy costs hurt families. The cost of fuel not only effects the price you pay it the pump, it effects the cost of everything you buy.
It’s time for an energy solution that will stabilize energy prices and lead us to domestic energy independence. We need to combine our rich abundance of natural resources and our highly skilled labor forces.
And what’s happening at Eagle Ford is not isolated. Domestic oil and gas companies have the power to create widespread economic prosperity if we lift some of the regulations that prevent them from doing so.
Regulations associated with drilling on federal lands (both onshore and off) are making it all but impossible to access these resources (and for the federal government to collect royalty payments). Delays associated with permitting liquefied natural gas (LNG) export facilities are putting at risk our ability to profitably produce natural gas. Though some critics argue against exporting natural gas, I believe we must strike while the iron is hot, profiting from our gas resources as we work towards breakthroughs in alternative energy sources that will make them economically attractive without massive taxpayer subsidies.
Speaking at an Energy Policy Subcommittee hearing where I discuss the importance of increasing our production of domestic natural gas.