On the recordSeptember 18, 2014
I thank the chairman for yielding and for his leadership on this issue. Energy is vital to every aspect of American life. Working families, retirees, and businesses large and small are all dependent upon reliable and affordable energy. An unwelcome increase in the electric bill leaves many families no other option but to cut elsewhere. For businesses, higher energy costs mean less money to invest in jobs or expansion. As business costs increase, so does the price of goods down the line, triggering a chain reaction felt throughout the economy. Unfortunately, the Obama administration's policies are contributing to the rise in energy costs by discouraging exploration of domestic resources, imposing additional regulatory hurdles on energy creation, and attempting to bypass Congress to implement economically devastating policies like cap-and-trade. Today, Congress reminds the Obama administration about what they seem to have forgotten--that America's economy is intrinsically linked to affordable energy. This bill encourages us to expand energy production. I am particularly pleased that it includes provisions I have worked on for a long time to move forward, a lease sale off the Virginia coast. This sale will provide necessary energy resources for our Nation, while providing a significant boost to the economy of the Commonwealth of Virginia.…





