Coastal and Marine Economies Protection Act

Floor Speech

Date: Sept. 11, 2019
Location: Washington, DC

BREAK IN TRANSCRIPT

Mr. McCAUL. Mr. Chair, I urge my colleagues to join me in opposition to H.R. 1941, which will block oil and natural gas lease sales in the Atlantic and Pacific.

To start, this bill reduces the United States' ability to develop our domestic energy resources. Furthermore, it emboldens Russia to continue to use its oil and gas as a weapon against Europe.

At a time when Putin is using all available tools to sow discord and chaos around the world especially in Europe and the Middle East, we need to work together to stop him from further harming our national security interests and those of our allies. This bill is a step in the wrong direction and will further empower Putin

In addition to this bill's geo-political ramifications, it also ignores the fact that American energy extraction technology and techniques are the best in the world. Inhibiting U.S. energy production will create a void for Russia and others to fill with their more ecologically damaging methods, while also sacrificing American jobs.

Based on the negative effects H.R. 1941 will have on global security, the environment, and our economy, I urge my colleagues to oppose this bill.

BREAK IN TRANSCRIPT


Source
arrow_upward