Lower Energy Costs Act

Floor Speech

Date: March 29, 2023
Location: Washington, DC


Mr. HILL. Mr. Chair, I thank my good friend from Ohio for yielding. I rise in strong support for this legislative commitment that House Republicans have initiated, H.R. 1, the Lower Energy Costs Act. I thank my friend from Ohio for his leadership. I thank my good friend from Arkansas, Chairman Bruce Westerman of the Natural Resources Committee for his fine work on this important bill.

Under this administration's green energy only push, we are driving up costs for central Arkansas families, hurting our economy, and our national security.

We need in this Nation an all-of-the-above energy approach for the U.S. and for the globe.

According to the U.S. Energy Information Administration's most recent outlook, by 2050, global energy use will increase nearly 50 percent compared to today. While the share of primary energy consumption from renewables is predicted to increase from 15 to 27 percent by 2050, Mr. Chair, 83 percent of energy consumption in that period will still need to come from coal, oil, natural gas, and nuclear. H.R. 1 takes this key step in the right direction.

Instead, Biden officials are only focusing on intermittent energy sources like wind and solar, for which we do not possess large-scale storage or provide a reliable and consistent source of energy.

We need to be a leader in powering the world, and an all-of-the-above energy strategy will do that.

Mr. Chairman, I urge my colleagues to support this bill.