Political Quotes

On the recordMarch 20, 2024
Our country needs energy to flourish, and Democrats know that this means authorizing energy projects. If we are going to authorize energy projects, then we need to require any energy developer, including Big Oil, to fully cover the cost of cleanup and reclamation of their extraction. H.R. 6009 negates that principle, which I feel strongly about as a single mom, of cleaning up your messes, and instead gives Big Oil carte blanche to drill with little or no regulation. With this bill, Republicans are endeavoring to undo all of my work and the work of my colleagues to hold Big Oil accountable and to protect taxpayers. Last Congress, my bill to protect public lands and recover taxpayer dollars by raising the Federal royalty rate for oil and gas extraction was passed into law. Since 1920, Big Oil had paid the same 12.5 percent royalty rate for the extraction of minerals on public lands, which was considerably lower than rates charged by States. This allowed Big Oil to exploit our public resources and pay the American taxpayers pennies. My bill ended this corporate giveaway to Big Oil and made sure the American people would get fair benefits for our public lands. I also had a bill that would increase, for the first time in 60 years, the amount of money Big Oil would put down to promise to clean up its oil wells. Last year, that reform was included in the Bureau of Land Management's onshore oil and gas proposed rule.…
Said by
Katie Porter
Democratic · California
Source
govinfo.gov
Mar 20, 2024

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