The American Energy Solutions for Lower Costs and More American Jobs Act would expand U.S. energy production and reduce bureaucratic red-tape in order to lower energy prices, create and protect over a million good-paying American jobs, strengthen our economy, and improve our energy security.
- Increases Offshore Production
- Requires the Administration to move forward with new offshore energy production in areas containing the most oil and natural gas resources.
- Requires the Secretary of the Interior to conduct oil and natural gas lease sales that have been delayed or cancelled by the Obama Administration.
- Implements a fair, equitable revenue sharing program for all coastal states.
- Generates over $1 billion in new revenue over ten years according to the Congressional Budget Office and could create up to 1.2 million jobs long-term.
- Increases Onshore Production
- Reforms the leasing process for onshore oil and natural gas projects on federal lands to eliminate unnecessary delays.
- Reforms the process for energy permitting, once a lease is in hand, to encourage the timely development of our federal resources.
- Sets clear rules for the development of U.S. oil shale resources.
- Establishes common sense steps to create an all-of-the-above American energy plan using our vast federal resources.
- Modernizes and updates the bidding process for oil and natural gas leases by allowing Internet-based auctions.
- Reauthorizes onshore energy pilot offices, which have proven effective in streamlining energy permitting on federal lands.
- Ensures that oil and natural gas resources in the National Petroleum Reserve-Alaska (NPR-A) are developed and transported in a timely, efficient manner.
- Streamlines burdensome and duplicative government regulations that are blocking Indian tribes from developing energy resources on their own land.
- Prevents Duplicative Hydraulic Fracturing Regulations
- Prohibits the Administration from enforcing federal hydraulic fracturing regulations in any state that already has regulations and recognizes states’ authority to regulate this activity.
- According to a study by John Dunham & Associates, the Obama Administration’s proposed regulation would cost at least $345 million annually.
- Protects American Coal Mining Jobs
- Prevents the Administration from continuing a wasteful process to develop new coal regulations that could cost 7,000 jobs and cause economic harm in 22 states.
- Promotes New Hydropower
- Expands production of clean, renewable hydropower by removing outdated federal statutory barriers and streamlining administrative and regulatory processes.
- Authorizes hydropower development at existing, man-made water canals and pipes at 12 Bureau of Reclamation projects.
Fact Sheets:
Bill Information:
Related Videos:
Chairman Hastings Floor Statement on H.R. 2, the American Energy Solutions for Lower Costs and More American Jobs Act (9/18/14)
Organizations in Support:
