Hoeven Outlines Efforts to Reverse Biden Regulatory Onslaught, Make U.S. Energy Dominant

WASHINGTON – During remarks delivered on the floor of the U.S. Senate today, Senator John Hoeven outlined efforts to reverse the Biden administration’s regulatory onslaught on U.S. domestic energy production:
“We’re working with President Trump to unleash America’s full energy potential and truly make our nation energy dominant. Energy security is national security and it is vitally important for our country,” said Hoeven. “We’ve worked diligently in the Senate to swiftly confirm President Trump’s cabinet officials, and we continue to do that. We made it a priority to ensure the president’s department heads are in place as we work to empower the U.S. to produce more energy from all of its abundant and affordable coal, oil, and gas reserves.
“We also continue legislative efforts to get our country back to energy dominance. Soon, the Senate will vote on my resolution to nullify the Democrats’ natural gas tax rule, using the Congressional Review Act… Essentially, this puts a 5 percent or more added tax on natural gas. Now, think about that. Everybody uses natural gas to heat their homes, cook their meals and for many other purposes as well. It’s a tax on every consumer, and it’s regressive, hitting low-income individuals the hardest. This of course also has a disproportionate impact on small oil and gas producers in states like North Dakota, Montana and others.
“Instead of new taxes that will curtail production, we need to support innovation and empower the kind of technology development that has enabled us to reduce emissions while producing more natural gas. That’s the answer, and it’s exactly what President Trump and Republicans have done and will continue to do.
“We’re also working with the Trump administration to replace the Biden administration’s rules that closed off access to vast areas of taxpayer-owned energy resources… This is about taking the handcuffs off our energy producers and empowering them to increase supply and help bring down prices for American families and businesses. There is an energy component in every product and service we consume. When we make energy more plentiful and bring down that price, that helps reduce inflation, grow our economy, create more jobs and opportunities and, in fact, not only provide for our national security but help our allies as well.”
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