Saturday, July 20, 2024

GOP governors announce plan to ‘unleash American energy’

by BIZ Magazine

(The Center Square) – Republican governors on Monday announced a plan to “unleash American energy.” They also called on President Joe Biden to protect U.S. energy security after they say his administration has taken more than 200 actions against the oil and natural gas industry.

The governors unveiled their plan in front of a the PBF Energy Chalmette Refinery on the banks of the Mississippi River in St. Bernard Parish, Louisiana, led by Louisiana Gov. Jeff Landry.

“American energy has done more than any other industry to lift more people out of poverty globally than any other industry that I’ve known of,” Landry said.

He said governors know the needs of Americans more than anyone else.

“What we hear from our constituents is that inflation is eating into the pockets of Americans. One of the greatest drivers of that inflation is energy,” Landry said. “The reason that inflation is out of control is because of the federal government. If the federal government took its foot off of the neck of American energy, we could absolutely lower the cost of everyday goods.”

The Louisiana governor listed actions the president took “attacking the industry” from his first day in office, including pausing new oil and gas leases, cancelling the Keystone XL pipeline, prioritizing foreign energy over domestic energy, and releasing agency “rules and regulations at a neck-breaking speed,” that hurt Americans’ pocket books and prioritize “government regulations over free market solutions.”

Joining Landry were governors Mike Dunleavy of Alaska, Brian Kemp of Georgia, Chris Sununu of New Hampshire, Doug Burgum of North Dakota, Kevin Stitt of Oklahoma, and Glenn Youngkin of Virginia.

“Americans are paying 40% more every time they fill up their gas tanks and Republican governors believe one of the best ways to help Americans with all these rising costs is to support an ‘all-of-the-above’ approach to American energy production,” Stitt said, similar to those being implemented in Republican-led states.

“Oklahoma has some of the most affordable reliable energy in the entire country,” he said, because of its “all-of-the-above approach.” Oklahoma is the 6th-largest producer of crude oil and natural gas, the third-largest producer of wind-generated electricity, has among the lowest electricity prices for commercial and industrial consumers, and reduced its electricity generation carbon intensity by 61% over the last two decades, he said.

Stitt cited examples of the president’s “regulatory war on American energy,” including another new EPA emission rule over which 25 attorneys general sued.

“When you’re a governor, you’re working for everybody,” Burgum said, including Republicans, independents and Democrats. “Right now, we’ve got so many Americans that are struggling to put gas in their tank and food on the table.” The governors are “fighting for every American who’s having to pay more than they should,” he said, because of Biden administration policies under the guise of “a big lie that says, ‘if we do all this it’s going to be good for the environment.’”

The U.S. is producing roughly 13 million barrels of oil a day but could be producing “15, 16, 18, 20 million barrels a day,” he said. “That would be not just energy independence, that would be energy dominance. We’d be selling that to our allies instead of our allies having to buy from our enemies,” which is what happened, he said.

The governors are part of a 21-governor coalition who called on the president to pursue “an all-of-the-above energy approach that will promote homegrown energy” instead of pursuing policies that benefit China.

Their solutions include ending regulatory overreach that restricts domestic energy production, including reversing policies on the Dakota Access and Keystone XL pipelines; increasing onshore and offshore lease sales for all forms of energy production, including in the National Petroleum Reserve in Alaska; expediting approval of federal drilling permits; removing the pause on LNG exports; reversing EPA rules; working with Congress to enact comprehensive permitting reform, among others.

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