While the U.S. is blessed with an abundance of energy resources, we are also saddled with an administration that is throwing up barriers to our energy security and economic prosperity. This is why, Mr. Chairman, I rise in strong support of…
While the U.S. is blessed with an abundance of energy resources, we are also saddled with an administration that is throwing up barriers to our energy security and economic prosperity.
This is why, Mr. Chairman, I rise in strong support of H.R. 2231, the Offshore Energy and Jobs Act. It passed out of the subcommittee I chair on Energy and Mineral Resources.
The bill requires the President to implement a new 5-year plan that includes the areas offshore containing the greatest known oil and natural gas resources. This is a targeted approach that focuses on specific areas in which we know the most energy resources are located. The bill requires lease sales to be held off of Virginia, which were originally scheduled to take place in 2011, and South Carolina.
In both States, there is strong, bipartisan support from the public, the congressional delegations and the Governors for drilling off their coasts.
Finally, the bill implements important reforms to strengthen the safety, accountability and efficiency of the Federal Government's offshore agencies. It establishes a fair revenue-sharing program for all coastal States.
Both provisions would further encourage the safe, expanded production of offshore energy.
Mr. Chairman, high gas prices hurt all of us, and the impacts are felt every day. Families are forced to make tough decisions in their budgets, schools run fewer buses and the costs of businesses go up, forcing companies to hire fewer workers. But the concerns of America's energy consumers, the Nation's small businesses and families have largely been ignored by this administration.
When President Obama took office, nearly all of the offshore areas were open to energy production. The administration had the tremendous opportunity for the first time in more than a generation to open new areas of the OCS for oil and gas drilling. Available to them for the first time since 1982 was the opportunity to access billions of barrels of oil that have been held closed under lock and key for decades.
Instead of jumping on the opportunity to increase our energy security, President Obama discarded a plan to develop these new areas, canceled lease sales and closed off 85 percent of our Outer Continental Shelf. This crushed the hopes and economic opportunity for the people in States like Virginia. In fact, the Obama plan put forward the lowest number of lease sales since the Jimmy Carter administration.
Nearly one year later, we are here again today to attempt to change the wrong course upon which this administration has set our Nation and our energy future. Recently, the Energy Information Administration issued their report for energy production on Federal lands for fiscal year 2012. It should be no surprise that the sale of crude on Federal lands decreased 5 percent in 2012, with an 8 percent decrease in Federal offshore volumes.
While this administration seems content with the status quo, this legislation is about making the right choices now to foster new access and new energy for the future. H.R. 2231 makes it clear that waiting until 2017, 5 more years, is too long for new energy production.
Increased American energy production is one of the best ways to create new American jobs, strengthen the economy and generate new revenue to help tackle the national debt. We cannot keep ignoring the vast resources potential of the U.S. Outer Continental Shelf. I applaud Chairman Hastings for his leadership on this issue, and I encourage all of my colleagues to support this critical legislation.
Mr. Chairman, I have an amendment at the desk.
Mr. Chairman, this straightforward amendment ensures that the Interior Department will not allow leases under the Outer Continental Shelf Lands Act to go to any person currently subject to sanctions by the U.S. Government under existing Federal laws. This amendment will ensure that no company can benefit from today's legislation if it helps prop up oppressive and destabilizing regimes, such as Iran or Syria.
With the threat from Iran continuing to grow, it is vital that Congress respond with prudent and effective action. We must continue to isolate Iran, promote stability in the Middle East, and protect Israel. Growing our own domestic energy resources is an important part of further isolating Iran. My amendment ensures that we do not inadvertently or indirectly support the Iranian regime while opening American sources of energy. Iran is an existential threat to our best ally in the region, Israel; and it is a state sponsor of terrorism in addition to Iran's relentless pursuit of nuclear weapons and the abuse it directs to its own citizens.
With regard to Syria, existing sanctions are already helping increase the pressure on President Assad's regime. Thanks to the sanctions, Syrian oil production has decreased as companies have cut ties with the government and exited the country. Despite this pressure, more action is needed. This amendment is a responsible next step to ensure that nothing in this bill will empower President Assad's continuing war against the Syrian people.
The United States should not be rewarding companies that are currently subject to sanctions by the U.S. Government. We must ensure that none of the profit derived from today's legislation will prop up nations that would harm our national security interests or those of our ally, Israel. Israel has a hard enough time surviving in a dangerous neighborhood without letting it get any worse.
With both the Iranian and Syrian regimes threatening our allies in the Middle East and with Iran's proxy, Hezbollah, now directly involved in the fighting in Syria, I believe that Congress must show its unity in the protection of our good friend Israel and with the people of Syria.
I yield to the gentleman.
I thank the chairman for that and for his leadership on the entire bill.
I encourage all of my colleagues to support this simple amendment, and I reserve the balance of my time.
Mr. Chairman, I look forward to receiving the vote of the ranking member. I suppose that means he is in favor of this amendment, so I appreciate and applaud that.
This is very similar to the amendment last year, though it is not identical as you stated. It is very similar, and this is an example that we can work together in a bipartisan way to commonly work together on good ideas. Motions to recommit, as I will remind you, do sometimes throw up a procedural roadblock that delay the progress of a bill.
I yield to the gentleman.
As I reclaim my time, Mr. Chairman, I reserve the balance of my time.
Mr. Chairman, I do look forward and appreciate the gentleman across the aisle's support of this amendment, and I thank him for his remarks.
Mr. Chairman, this is a good amendment. I urge everyone's support, and I yield back the balance of my time.