On the recordFebruary 26, 2025
Mr. Speaker, I yield 2 minutes to the gentleman from California (Mr. LaMalfa). Mr. LaMALFA. Mr. Speaker, I appreciate my colleague yielding me the time here and the effort on this review. We see that this is an eleventh hour rule put in at the end of the Biden administration, like many, that was contained in the Inflation Reduction Act, the so-called Inflation Reduction Act. That is a pretty funny name. What we have is a situation here where there are a couple of main drivers of inflation in this country: government overspending and energy costs that have been driven so high during the Biden administration. It hasn't helped. What we are doing, in effect, is that we are punishing the people with the reduction of methane by imposing these strict financial charges on the facilities. Due to that rewrite of the greenhouse gas reporting rule, the natural gas tax will capture many more producers than the so-called Inflation Reduction Act actually authorized. It is already being misapplied. When you look at the whole issue, H.J. Res. 35 is important to get back to energy independence and also not drive our partners in Europe into the arms of--not yet another Russian hoax, it sounds like here today--Russian natural gas dependence. If anybody would view the history of those areas of the world, why would they want to be dependent on Russian gas? Why would we do things to help foster that by driving up the price and lowering the availability?…





