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Energy and Gas Prices

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 America possesses a wealth of domestic energy, and yet hardworking Americans continue to struggle with unpredictable energy costs. As a supporter of a true all-of-the-above energy strategy, I am working to increase America’s energy production, lower gas prices and provide high-paying jobs for those who are struggling to find work. 

While the national average for a gallon of gas has fallen in recent months, families from the 5th District are still spending far too much of their budgets paying for gas to make it to and from work, and therefore, must cut back on other important things like education or summer vacations. Green-lighting construction of the Keystone XL Pipeline, a project that will transport affordable North American oil into American oil refineries, is just one issue I am working on to help North Carolinians save money on energy and invest instead in plans for the future. 

Federal government policies such as the Renewable Fuel Standard (RFS), which mandates ethanol blending in gasoline, are increasing the cost of gas for consumers. Mandating ethanol blending drives up the cost of corn, which increases food costs and threatens the environment. Mandates such as the RFS have a wealth of unintended consequences and should be stopped, which is why I am supporting legislation in the 114th Congress to eliminate the RFS. 
 
Congress needs to make sure onerous regulatory burdens don’t stand in the way of accessing or advancing all forms of American energy. We must ensure clean air, clean water and a healthy, safe environment based on science, not top-down regulation. American energy independence can be achieved in a way that respects our environment while strengthening our economy and adding good American jobs.

Legislation pertaining to Energy and Gas Prices sponsored or co-sponsored by Rep. Foxx in the 114th Congress:
H.R. 703:  Renewable Fuel Standard Elimination Act
 
Legislation pertaining to Energy and Gas Prices sponsored or co-sponsored by Rep. Foxx in the 113th Congress:
H.R. 1461Renewable Fuel Standard Elimination Act 
H.R.3: Northern Route Approval Act
H.R.979: Forest Products Fairness Act of 2013
 

If you would like any more information about this or any other issue, please don’t hesitate to contact me.

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