Commentary: A Path to Lower Gas Prices

July 4, 2014
By

Rep. Scott Tipton

Rep. Scott Tipton

As Americans celebrate our nation’s Independence today and prepare for summer trips, they’re noticing rising gas prices.

Many people are facing gas prices above $3.50 a gallon and some are already paying over $4 a gallon at the pump. These rising fuel costs have a ripple effect across our economy, impacting families already struggling to pay the bills, small businesses operating on tight margins, and senior citizens living on fixed incomes.

Fortunately, this doesn’t have to be the case.

Nature and entrepreneurial ingenuity have created the potential to allow America to take complete control of its energy future.

We can enhance the value of our energy resources by removing overly-burdensome, redundant bureaucratic and regulatory barriers that stand in the way of responsibly developing our nation’s energy production infrastructure.

In the House of Representatives last week we passed the Lowering Gasoline Prices to Fuel an America that Works Act of 2014 (H.R. 4889). This common sense package seeks to put in place a responsible American energy plan that reduces gas prices and other energy costs for consumers, while also spurring economic growth and job creation.

Incorporated in this vital legislative package under Title II, my Planning for American Energy Act (H.R. 1394) seeks to establish common sense steps to create an all-of-the-above American energy plan for using federal lands to meet America’s energy needs.

The bill allows for energy development on public lands in order to promote the energy and national security of the United States, and specifies that all energy resources including wind, solar, hydropower, geothermal, oil, natural gas, coal, oil shale and minerals needed for energy development be included in the plan.

These goals would be accomplished responsibly, without repealing a single environmental regulation or review process.

Unlocking our vast natural resources right here at home will lead us closer to energy independence, and yet since President Obama took office, energy production on federal lands has declined significantly.

In fact, according to the non-partisan Congressional Research Service, oil production is down 11 percent and natural gas production has decreased by 28 percent on federal lands since 2009.

Additionally, the drastic increase of burdensome federal energy regulations imposed by this administration is having a detrimental effect on small businesses, jobs, and consumer prices across the board.

A recent study showed that the regulatory burden imposed on Americans costs our economy about $1.75 trillion annually.

Colorado and our Western neighbors are home to vast energy reserves that, if tapped and developed responsibly, could fuel our nation’s economic recovery and ensure the United States remains competitive in the world market.

By promoting a common-sense regulatory framework, embracing domestic energy research and development, and applying environmental and safety standards already on the books rather than adding costly new mandates, we can help meet America’s energy needs right here at home.

America’s energy capabilities are being strangled and rising gas prices are one of the consequences. This doesn’t have to be. A true all-of-the-above energy strategy that unleashes our abundant resources will lead to affordable energy for families and small businesses for years to come.

Our nation and the future prosperity of its citizens requires a true all-of-the-above domestic energy plan that responsibly increases production on federal lands while streamlining efficiencies and reducing red-tape.

That is exactly what H.R. 4899 will accomplish. This legislation puts people to work, keeps energy costs low for families and businesses, and strengthens our national security.

Colorado Republican Rep. Scott Tipton represents the 3rd Congressional District.

Comments made by visitors are not representative of The Colorado Observer staff.

One Response to Commentary: A Path to Lower Gas Prices

  1. Roger Marcus
    October 1, 2014 at 7:46 am

    Over the past 3-4 weeks gas prices have been dropping, to the lowest that I’ve seen them in 2 years. The price a barrel of oil has dropped considerably to recent time lows. Price gouging happens around the holidays. Speculators push up prices. De-regulation policies over the past 30 years have nearly destroyed our economy, while making the extreme wealthy ever richer as the value of the median middle class income has lost value over the same period of time. Reasonable regulation and exploitation of alternative energy sources need to be high on the agenda, at the state and national level.

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