Article from February 2020
The State of American Energy
Americans in communities like the seven represented here today, and so many more like them. No one should take away what they have gained and worked hard for. No one should close them off from even more opportunities on the way. What’ s happening with American energy today is one of the greatest economic stories of our time, and it’ s in America’ s interest to keep it going.
To do that, we must continue to safely develop the affordable and reliable energy that powers America’ s economic growth. And we need new infrastructure – over the next 15 years, America needs an estimated $ 1 trillion in new private infrastructure investments to bring energy from where it is to where it isn’ t. To help unlock that critical funding, our lawmakers need to adopt new guidelines that protect the environment, cut red tape, and avoid unnecessary delays. All this not only helps strengthen our economy on both ends of the value chain – it ensures our abundant energy powers American households, businesses, and trading partners in communities like those I just mentioned. We need lawmakers to end mandates on ethanol that were put in place long ago when our energy picture was much different. We also need to ensure ongoing access for safe and responsible energy development on land and off our shores.
We strongly support the USMCA trade deal approved by the
House last month. It holds immense potential for our country, and for our closest neighbors and allies. Yet some other trade efforts, such as tariffs against China and other nations, take
‘ We have to... accelerate progress on the serious challenges of climate change.’
our country in the wrong direction. While unfair trade practices must be addressed, trade wars block American progress. De-escalation is welcome news, but American policymakers must get us over the finish line. Let’ s remove all trade barriers on both sides and restore critical energy export growth.
When we speak up on issues like these, we are taking the side of all the workers, communities, and sectors of the economy that depend on the breadth, progress, and strength of U. S natural gas and oil.
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