In a recent report, Ranking Member of the House Committee on Oversight and Reform, James Comer (R-KY) detailed the Democrats’ war against domestic oil and gas companies. The Administration and its party have “promoted anti-American energy policies,” and failed to deliver a comprehensive plan to address high energy prices and market deficiencies.
The report outlines at least ten failed policies that the Administration has pushed over the course of the last two years. Rep. Comer writes, “President Biden shut down the Keystone XL pipeline, implemented a moratorium on oil and gas production on federal lands, drained U.S. oil reserves, and enacted energy policies that increased costs for Americans.” The GAIN Coalition has also highlighted many of the policies that the Biden Administration and its respective agencies have utilized in its attack on domestic energy. Specifically, GAIN has called to attention the canceling of the Keystone XL pipeline, onerous regulatory hurdles such as NEPA, depleting the SPR to dangerously low levels, and banning oil and gas leases.
While the Biden administration’s war on energy production is evident, it is encouraging that the GOP members of the House Oversight Committee are not only illustrating failed policies, but offering long-term solutions. The most notable are the committee’s calls for supporting energy infrastructure and pipeline projects. The report specifically notes, “Expediting the Federal Energy Regulation Commission’s (FERC) review of pending applications will help lower future emissions and ease rising costs for consumers.” More pipeline capacity is necessary for producers to transport energy to market for consumers, as well as export facilities for our allies abroad. By supporting these projects, supply will be able to compliment demand, thus reduce price for Americans across the country.
The GAIN Coalition believes that supporting infrastructure projects is a key to unlocking American Energy, and wholeheartedly supports the call for its support in Rep. Comer’s report. We hope that the President and his Administration take these solutions seriously so that the energy crisis can begin to be alleviated.