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Energy and Gas Prices

America possesses a wealth of domestic energy reserves, and yet hardworking Americans continue to struggle with unpredictable energy costs. High energy prices reduce consumer purchasing power, slow economic growth, and increase inflation. That is why I support an "all of the above" energy policy to boost domestic energy production so Americans have an affordable, reliable, and diverse energy supply for years to come. 

Technological advances are making previously untapped energy sources accessible and are fueling America’s energy renaissance. However, even low emitting energy sources are subject to robust scrutiny by federal permitting authorities who are under no deadlines to act and can drag out the approval process for new projects.

One example of the lengthy approval process is the W. Kerr Scott Damn Hydropower Project. Due to the project requiring extensive coordination with the U.S. Army Corps of Engineers, there have been delays in the review process for design plans. That is why I sponsored H.R. 951, which extends the deadline for construction to begin on the project and allows the construction license to be reinstated if it expires.  This pro-renewable energy legislation was signed into law on July 23, 2018. 

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 115th Congress:
H.R. 951: To extend the deadline for commencement of construction of a hydroelectric project. 
H.R. 1314: Renewable Fuel Standard Elimination Act

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

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