Urges US Congress and President to increase domestic energy production and lessen regulatory barriers thereto.
Impact
By calling for the removal of barriers to domestic energy development, this resolution aims to bolster the nation's energy independence and restore a sense of national security. It emphasizes that reduced reliance on oil imports, especially from volatile regions like the Middle East, Russia, and Venezuela, would stabilize prices. Furthermore, the resolution suggests that increasing local production could lead to job creation and more stable trade relations, particularly with Canada.
Summary
Assembly Resolution No. 124 urges the United States Congress and the President to prioritize increasing domestic energy production and reducing regulatory barriers. The resolution highlights the ongoing reliance of the United States on fossil fuels for gasoline, diesel, and jet fuel, even as discussions regarding renewable energy intensify. With gas prices significantly rising, exacerbated by external factors such as the recent geopolitical crisis caused by Russia's invasion of Ukraine, the resolution seeks to address urgent economic and security concerns.
Contention
The resolution implicitly raises questions about the balance between energy independence and environmental considerations. While proponents argue for the need to enhance energy production and lower costs, critics may point to the environmental impacts associated with increased fossil fuel extraction. Further debate may arise surrounding the benefits versus the risks of such measures, particularly regarding regulatory reforms and the potential revival of projects like the Keystone XL Pipeline.
This resolution recognizes domestically produced natural gas as affordable, green, and necessary for the United States to be energy dominant while asserting that the United States should take a broad approach to meet energy needs. It also supports efforts to increase domestic production of natural gas and natural gas infrastructure, identify and remove barriers to the production of natural gas, and expedite the approval of liquefied natural gas export facilities in the United States.
Condemning State-level energy policies that restrict domestic oil production, increase gasoline prices, and undermine American energy security and national defense.