Montana's Congressman, Denny Rehberg, today joined the House in passing legislation to increase domestic energy production, create jobs and lower prices. H.R. 1230, the Restarting American Offshore Leasing Now Act, opens the door for the development of American resources in an environmentally responsible way that will create jobs and lower the price of energy.
"It's so easy--more supply means lower prices," said Rehberg, who sits on the House Appropriations Subcommittee on Energy and Water. "We can debate raising energy taxes and imposing more stringent regulations on the energy industry, but in the short term, as Montana families are struggling, the only sure way to ease their burden is to get the government out of the way of domestic energy production. And we can create thousands of jobs at the same time. Today, I voted to do just that."
If passed by the Senate and signed by the President, H.R. 1230 requires the Department of the Interior to auction offshore oil and gas leases in the Gulf of Mexico and off the coast of Virginia. The lease sales would be staggered over four periods, starting "no later than four months after enactment of the Act" and ending no later than June 1, 2012. As a result of the Administration's actions, this year will be the first since 1958 that the federal government will not have held an offshore lease sale.
Independent analysis indicates that this legislation would create thousands of American jobs.
"It's time to put Americans back to work developing American energy." said Rehberg.