Political Quotes

“Amendment No. 30 expresses the sense of Congress that the royalty rate for onshore Federal oil and gas leases be 12\1/2\ percent. This amendment establishes that it is the sense of Congress that the royalty rate of onshore Federal oil and gas leases be 12\1/2\ percent, the pre-Inflation Reduction Act level. The so-called Inflation Reduction Act was filled with horrific policy and has only made things worse. The Inflation Reduction Act is geared to severely harm American energy independence by, among other things, increasing royalty rates and fees while restricting access to energy resources. Our country needs to produce more energy, not less, but Democrats designed their extreme climate agenda to restrict oil and natural gas production. One measure of the so-called Inflation Reduction Act enabled the Biden administration to raise the oil and gas royalty rate for certain offshore leases from the current 12\1/2\ percent to 16.67. This measure will only result in less oil and gas production, harming consumers and our national security. The Biden administration doesn't even pretend otherwise. Interior Secretary Deb Haaland said, It resets how and what we consider to be the highest and best use of American resources. This is about the use of the land, and the Biden administration clearly wants to block all of our lands from the use for oil and gas production.…”