Issue Position: Energy Policy

Issue Position


Issue Position: Energy Policy

Every American who drives an automobile knows that something needs to be done about the cost of energy in the United States. While Republicans are calling for more subsidies to oil companies and Democrats are seeking to micro-manage energy companies with more regulations and laws -- or to punish them by raising taxes on them -- Americans are left to watch helplessly as fuel prices go through the roof.

Government intervention, whether through more regulations or more subsidies (or both), hurts consumers in the end. The free market, driven by consumer choice and reflecting the real cost of resources, should be the foundation of America's energy policy. The federal government should eliminate restrictions that inhibit energy production, as well as all special privileges for the production of politically-favored fuels, such as ethanol.

In particular, Congress should allow the exploration and production of America's abundant domestic resources, including oil in the Outer Continental Shelf and Arctic National Wildlife Refuge, and alternative sources such as shale oil. We should develop our nation's natural assets, which would lower costs to the consumer and assure more adequate and consistent supplies.


Source
arrow_upward