For the future of our nation, the preservation of the environment and the stability of our economy, America must become energy independent. Congressman Roskam has consistently placed his support behind an "all of the above" approach to our energy challenges.
Beyond the current price relief, our traditional domestic sources of energy are needed as a bridge to the day when alternative fuels are more developed and widely applicable.
Conservation and Efficiency
Congressman Roskam authored legislation to develop anti-idling technology and provide a tax credit for those who turn in old, fuel-inefficient cars for new, more efficient vehicles.
Expanding domestic production of energy will bring immediate price relief at the pump.
* Federal Reserve Chairman Ben Bernanke testified before the House Financial Services Committee that a 1% increase in domestic production of oil and gas could drop prices 10%!
Increased domestic supply will provide more stability to the oil markets, dampening speculation on Wall Street which drives prices up.
To ensure we lead the world's new energy economy, Congressman Roskam is focused on funding the fundamental research we need in the development of Energy Frontier Research Centers for understanding where the new frontiers of energy are emerging.
Congressman Roskam has proposed legislation to streamline the development of nuclear power plants while retaining important public health and safety protections to further reduce our dependence on fossil fuels.
Roskam believes that we must protect consumers and hold oil giants accountable for their actions.