Latta Supports Legislation to Unleash America’s Energy Potential, Create Jobs
Congressman Bob Latta (R-OH) today joined his colleagues in the U.S. House of Representatives in supporting H.R. 2, the American Energy Solutions for Lower Costs and More American Jobs Act. The legislation includes various energy provisions that will create the infrastructure needed for America to unleash its energy potential, while also creating jobs, lowering energy costs and improving our energy security.
“There is nothing more promising than America’s energy future,” said Latta. “The legislation passed by the House today implements a number of important policy solutions that will allow America to responsibly take advantage of our vast energy resources. This all-of-the-above energy strategy embraces our new energy landscape, locking in domestic prosperity and making energy more affordable and accessible.”
American innovation in advanced drilling technologies has unleashed an abundance of domestic energy resources. In 2013, U.S. energy production rose more than the combined increases in the rest of the world to reach its highest level in 24 years. In addition, we now have a natural gas surplus large enough to export to other countries without impacting the affordability of our domestic supply. However, as we are experiencing this growth in production, the Administration continues to block key infrastructure projects, like the Keystone XL pipeline, that prevent America from reaching its full potential.
The American Energy Solutions for Lower Cost and More American Jobs Act would allow the construction of the Keystone XL Pipeline, which would create tens of thousands of jobs and has been unnecessarily delayed for six years. It would also strengthen our partnership with Canada and Mexico in order to build a more secure and efficient North American energy market and lower energy costs. Next, it would expedite the export of U.S. liquefied natural gas to our allies, promoting global stability and aiding America’s economy. In addition, it would modernize the review process for natural gas pipeline permit applications. Finally, it would establish a more streamlined and transparent federal permitting process for construction projects, opening up America’s vast energy potential and lowering costs.