On the recordNovember 19, 2015
Mr. President, let me switch to a better topic, and that is one I know the Presiding Officer cares a great deal about; that is, the issue of energy and the importance of energy to our Nation's economy and to our overall health. I have come to this floor many times to highlight what I believe are the shortsighted, anti-energy decisions that we have seen come from this administration. Whether we are talking about the Keystone XL Pipeline, more than 7 years of delay and the eventual rejection of that infrastructure, whether it is the burdensome rules coming out of the EPA that raise the energy costs or whether it is the actions from the Department of Interior that seek to halt resource development in Federal areas, this administration has rarely ever worked with us to promote responsible energy, mineral, and timber development. In Alaska this ever-shifting Federal regulatory environment played a very key role in the recent decision by Shell to abandon 7 years of work and $7 billion of investment in the offshore Arctic. It was just this week we received word that another company, looking again at low oil prices but seeing this same deteriorating regulatory environment, decided to follow suit, and they are seeking to return their leases in the offshore. The Obama administration has also canceled offshore lease sales in the State. It has hamstrung projects in our National Petroleum Reserve, which we absolutely need if we are ever going to refill our Trans- Alaska Pipeline.…
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