The House of Representatives acted this week to ease the squeeze on the middle class by passing a package of bills that will increase energy production, create jobs, and lower fuel prices.
“As we enter the summer months, gas prices seem to be on an upward trend reaching nearly $4 in many places across Northeast Ohio. In fact, the average price of a gallon of gas in Ohio is 20 cents higher than the national average,” said Rep. Renacci. “At a time when our economy remains slowed following years of this administration’s failed policies, the last thing Ohioans need is to spend more money to drive to the grocery store or to work.”
This week, the House considered the North American Energy Infrastructure Act, a bill that streamlines the approval process for oil pipelines, natural gas pipelines, and electric transmission lines. It passed the House of Representatives with bipartisan support.
“Despite several studies that confirm the Keystone XL Pipeline would not have an effect on climate change, President Obama refuses to approve the construction of the project, which would lead to the creation of 20,000 American jobs. I was proud to support the North American Energy and Infrastructure Act, a bill that will create an approval process for pipelines that cross the U.S. border so that projects like Keystone will not be held up for political purposes by any administration in the future,” said Rep. Renacci.
Additionally, the House passed the Domestic Prosperity and Global Freedom Act. This legislation expedites exports of liquefied natural gas to our allies and trading partners, and will lead to economic growth and strengthened energy security. If enacted, this legislation will create more than 30,000 jobs in Ohio by 2035
Lastly, the House of Representatives passed the Lowering Gasoline Prices to Fuel an America that Works Act, a bill that will ease the pain at the pump for Ohioans by expanding our domestic energy production. By requiring the administration to move forward with new offshore energy production in areas containing the most oil and natural gas resources, we will have the opportunity to fully harness our energy potential.
Renacci added, “From 2012 to 2013, oil production in Ohio doubled and natural gas production increased by more than 40 percent – proving that Ohio is a leader in energy production. At a time when Ohioans are paying nearly $4 a gallon for gasoline, there is no better time than now to act to bring down the cost of fuel. The bills that passed the House this week are components of our all-of-the-above energy strategy that will lower energy costs, increase production here at home, and ultimately lead to our energy security. I will continue to fight for commonsense solutions that will clear the way for job creation and environmentally safe energy cultivation in Ohio.”