The Interior Department has announced it is considering proposals to regulate hydraulic fracturing on public lands — a technique currently regulated by states that is responsible for tremendous growth in natural gas production. This could severely restrict energy production on federal lands.
This list goes on and on and on.
It is because of these actions by the Obama administration that the Energy Information Administration projects an overall decline in U.S. oil production by 110,000 barrels per day in 2011 and 130,000 barrels per day in 2012.
The policies of the Obama administration are costing jobs, decreasing energy production and jeopardizing our national security by deepening our reliance on foreign energy. This is an indefensible energy record, and one that Americans should remember every time they fill up their cars.
Of course, one can always count on President Obama to fall back on his favorite solution to all our energy problems: tax, tax, tax. Last Congress, the president was out front and center pushing for a job-destroying cap-and-trade national energy tax, which even he said would make prices “necessarily skyrocket.”
While the president continues to support this national energy tax, he’s also advocating for increasing taxes on American energy producers. Yet the White House has admitted this will do nothing to lower gasoline prices. In fact, it will have exactly the opposite effect — raising energy prices further when families can least afford it.
This week, Republicans in the House of Representatives will begin voting on a series of bills to expand offshore American energy production, create jobs and lower gasoline prices. Unlike President Obama, House Republicans have heard the American people’s demand for increased American energy production and we’re ready to act.
If the president wants to seriously address rising gasoline prices, he should abandon his block, delay and tax approach to American energy and work with us to pass this important energy legislation.