Mr. Speaker, our friends on the other side of the aisle have proposed a so-called energy bill that they claim will promote America's energy independence. In reality, Mr. Speaker, the Democrats have presented the House Chamber with a placebo that will ultimately reduce domestic energy production, give American energy companies less of a reason to invest in exploration here at home, encourage greater dependence on foreign oil, and damage America's manufacturing base. H.R. 6 has become another political football for the Democratic Party. And, frankly, Mr. Speaker, as The Washington Post rightfully editorialized yesterday, energy policy deserves more serious treatment. The Democrats' solution to America's energy crisis is to single out oil and gas producers for a tax increase. The fact is, Mr. Speaker, this legislation is not likely to impact oil producers' profits in any way, shape, or form. This is energy policy by focus group, not a serious prescription for achieving America's energy future. The one thing that we can be assured that this bill will do is raise prices at the pump for America's consumers. Furthermore, it creates disincentives that will decrease the supply of domestic natural gas and oil and increase our country's energy imports. While H.R. 6 not only forces our country to become more dependent on foreign oil, it will also force America's working families to bear the brunt of increased energy costs.
Editor's note · Context
Criticizing a proposed energy bill during a House floor debate.
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