It only took one year for President Biden to take our country from energy dominant to energy desperate. From January of 2021 to April of 2022, gas prices went from $2.30 to $4.20. I’ve been warning against the Biden Administration’s radical climate agenda from the beginning. Now, it is time to unleash American energy producers to create an avalanche of reliable energy and bring down prices at the pump. That is why I supported and voted in favor of H.R. 6858, legislation that:
- Reapproves the Keystone XL Pipeline
- Restarts leasing for oil and natural gas projects on federal lands
- Eliminates barriers to liquified natural gas exports
Furthermore, I am leading the Republican effort in the House Financial Services Committee to block efforts to politicize access to capital as well as to prevent the Green New Deal from being enacted through the back door of financial regulation. I also introduced the Fair Access to Banking Act. This legislation requires banks and financial institutions to base lending decisions solely on credit worthiness, eliminating any scenario where a fossil fuel company could be discriminated against because of their business.
Additionally, I led Republican pushback to the U.S. Securities and Exchange Commission (SEC) Climate Risk Disclosure rule proposal, which creates an avalanche of new disclosure requirements for public companies intended to suffocate investment in energy.
Despite skyrocketing energy costs, the President continues to double and triple down on his failed and bizarre energy policies. He recently called for more subsidies for the green energy companies to fight rising prices. Rest assured, I’ll continue to push back on this agenda and deliver on a vision that can deliver reliable and affordable energy for all Kentuckians.