Washington, DC – U.S. Representative Chuck Fleischmann (TN-03), Chairman of the Energy and Water Subcommittee of Appropriations, released the following statement after the passage of H.R. 1, the Lower Energy Costs Act.
“Since day one of President Biden’s Administration, there has been an unrelenting war on American-made energy that has crippled our economy, exacerbated inflation, and left households and families paying hundreds, if not thousands, of dollars more for gasoline and energy bills annually. Simply put, Biden’s economy is not working for Tennesseans and Americans nationwide. When energy and fuel costs are high, everything from groceries to clothing and everyday essentials become more and more expensive, pinching budgets and forcing people to make hard decisions to stay within their budget.”
“America is blessed with abundant energy reserves that dwarf the size of other nation’s energy resources. There is no reason whatsoever not to unleash American-made energy to lower prices here at home, grow our economy, and secure America’s energy independence for future generations. I have long championed an ‘all-of-the-above’ energy policy that utilizes oil and natural gas, renewables, and nuclear power. H.R. 1 puts America back on track to be energy secure and get our economy working again.”
“I am glad this important bill received bipartisan support in the House. There should be nothing partisan about lowering energy costs for families, securing American energy independence and fixing our broken economy. The Lower Energy Costs Act, combined with the Appropriations Committee’s work to deliver a responsible budget that cuts wasteful federal spending, is the cornerstone to get America back on the right course.”
H.R. 1, the Lower Energy Costs Act:
- Increases domestic energy production.
- Prohibits ban on hydraulic fracking.
- Repeals President Biden’s $6 billion tax on natural gas that increases energy bills for families.
- Reverses Biden’s anti-energy policies.
- Reforms the permitting process for all industries.
- Streamlines energy infrastructure and exports.
- Boosts production and processing of critical earth minerals.
This is a companion discussion topic for the original entry at https://fleischmann.house.gov/media/press-releases/chairman-fleischmann-applauds-passage-of-hr-1-the-lower-energy-costs-act