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Energy and Mineral Resources

The National Energy Tax Bill Will Be A Vote of "Historic Proportions?" We Agree.

| Posted in Resourceful Information

A Vote of “Historic Proportions?” We Agree. Today, President Obama said: “Right now, the House of Representatives is moving towards a vote of historic proportions….” We agree. When Speaker Pelosi holds a vote tomorrow on the National Energy Tax bill (H.R. 2454) – it will be a vote of historic proportions. Unfortunately, that’s because history will show that as America’s…

GDP Decreased 5.5% -- but Democrats Poised to Further Decimate America’s Economy

| Posted in Press Release

Today, after the Bureau of Economic Analysis confirmed that the U.S. Gross Domestic Product (GDP) decreased by 5.5 percent from January to March, Ranking Member of the House Natural Resources Committee Doc Hastings (WA-04) issued the following statement regarding how the Democrats’ National Energy Tax bill (H.R. 2454) will further decimate America’s economy: “The news that America’s…

A Better Way Forward on Energy

| Posted in Blog

Ranking Republican Doc Hastings (R-WA) On Monday, Democrat Representatives Henry Waxman and Ed Markey released an updated 1,200 page National Energy Tax bill. Unfortunately, the bill continues to contain a variety of measures that will devastate our economy and worsen the recession. In addition to…

Waxman-Markey “Cap and Tax Bill” Allocates More for Wildlife and Tropical Trees than for Jobless Americans

| Posted in Resourceful Information

On June 22, 2009, House Democrat Leaders released an updated 1,200 page Waxman-Markey “Cap and Tax” bill (H.R. 2454) that is expected to come to the floor of the U.S. House of Representatives as early as Friday, June 26th. In addition to forcing a massive new National Energy Tax upon the American people, buried in this legislation are provisions that impose even more economic punishment…

Ranking Member Hastings' Op-Ed in Roll Call: Royalty Reform Will Be a Burden on Producers

| Posted in Op-Eds and Speeches

Hastings: Royalty Reform Will Be a Burden on Producers By Rep. Doc Hastings Roll Call June 22, 2009 The future of American energy development is at a crossroads. While we all recognize the need to have an affordable and stable energy supply, agreeing on the best path toward achieving this goal is not simple. Do we take the path toward a comprehensive strategy that promotes clean,…

Hastings: House Committees Deserve Full Review of Waxman-Markey’s National Energy Tax Legislation

| Posted in Press Release

Ranking Member Hastings highlights the green tabs in the 1,000 page cap-and-trade bill that mark all the provisions under the jurisdiction of the House Natural Resources Committee. Today, House Natural Resources Committee Ranking Member Doc Hastings (WA-04) released the following statement after joining seven other Committee Ranking Members in a press conference to oppose efforts…

Democrat “Energy” Proposal Will Increase Job Losses, Energy Prices, and Dependence on Foreign Imports

| Posted in Resourceful Information

Yesterday, the U.S. Chamber of Commerce’s Institute for 21st Century Energy released a report entitled “Taxing Our Way to Energy Insecurity Again,” which examines the impact of proposals included in the Administration’s budget and the Democrat Natural Resources Committee draft “energy” legislation that would levy billions of dollars in new taxes and fees on the oil and gas industry. This…

Hot Air Alert: When Democrat Rhetoric and Reality Collide on the Definition of "All-of-the-Above"

| Posted in Hot Air Alert

Today, E&E News reported that: “The American public is eager for dramatic change in U.S. energy policy, but Democratic efforts to sell their agenda on energy and climate change aren't reaching voters, a prominent Democratic Party polling firm is warning. “The strategy memo from Greenberg Quinlan Rosner and the think tank Third Way also warns that while few voters expect a…

Hastings Highlights Report Stating U.S. Possesses Enough Natural Gas for the Next 100 Years

| Posted in Press Release

Today, House Natural Resources Committee Ranking Member Doc Hastings (WA -04) released the following statement regarding the Potential Gas Committee (PGC) year-end 2008 biennial report: Potential Supply of Natural Gas in the United States. The assessment found that the United States has a total natural gas resource base of 1,836 trillion cubic feet (Tcf) and a total available future…

Hastings Praises American Energy Act

| Posted in Press Release

Today, House Natural Resources Committee Ranking Member Doc Hastings (WA-04) released the following statement regarding his support for the American Energy Act. Hastings, a cosponsor of the legislation, said: “American families across our country are struggling to pay their energy bills and find good jobs during a serious recession. However, instead of proposing a positive solution to…