I rise to speak out against what I consider to be a regulatory assault on our Nation's energy sector. That is pretty strong language, but I intend it to be. I listed a number of these proposed regulations in a letter I sent earlier today to President Obama. I write you today to express my sincere appreciation for your recently implemented Executive Order mandating that all federal agencies review and revoke any rules or regulations that place unreasonable burdens on our nation's business community. In light of our current economic crisis, establishing a regulatory environment that promotes growth and job creation should be the number one priority for this Congress and Administration. Many people today believe no agency over the past few years has had more of a negative impact on business growth and regulatory certainty than the Environmental Protection Agency (EPA). Since fiscal year 2010, ten new regulations promulgated by the EPA have accounted for over 23 billion dollars in new costs to the American taxpayer.
Editor's note · Context
The speaker addresses concerns about regulatory impacts on the energy sector and the economy.
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