TOPLINE: In less than five months, President Biden has taken steps to reverse our nation’s energy dominance, resulting in a less secure country, higher energy prices for hard-working families, and thousands of Americans fired from their jobs. As our economy continues to recover from COVID-19, the last thing President Biden should do is champion energy policies that ship American jobs to higher polluting countries like China and Russia. Congress must stand against President Biden’s radical agenda and preserve America’s all-of-the-above energy strategy that puts American energy independence first and promotes responsible energy exploration and development.
Killing the Keystone XL Pipeline Has Devastated our Economy
When he ran for President, Joe Biden told American energy workers that he would support them.
On his first day in office, President Biden revoked the Keystone XL pipeline permit leading to 2,000 American workers losing their jobs. Killing this essential project means more than $2 billion in wages will go unpaid to American workers, and rural communities will lose $100 million in property tax revenues.
After the crippling cyberattack on the Colonial Pipeline, which led to fuel shortages and lines at gas stations along the East Coast, Biden’s Energy Secretary Jennifer Granholm admitted to reporters that a “pipe is the best way” to transport oil and gas.
Does this mean that the Biden Administration will bring back the Keystone XL pipeline and try to undo laying off thousands of energy workers?
When asked about Keystone XL pipeline job losses, White House Press Secretary, Jen Psaki, couldn’t provide an answer on the “green jobs” these workers can expect to find.
President Biden’s shameful decision to terminate the Keystone XL pipeline has done immense damage to our economy, harmed relationships with our allies, and betrayed the workers and communities that relied on the project.
Rejoining the Paris Climate Agreement Will Reverse American Energy Dominance
When President Biden mandated that the United States officially rejoin the Paris Climate Agreement, it was an insult to the millions of American families already struggling to afford their heating and utility bills. We know that Biden’s new commitments will hurt American families. His commitments exceed those of the Obama Administration. We expect that these policies will raise energy costs, force good-paying jobs overseas, and severely undermine America’s global competitiveness.
The Paris Climate Agreement gives a free pass to the world’s worst polluters. It restraining the American energy and manufacturing industry, which produces goods and energy more efficiently than anywhere on the planet.
Estimates show that the reduction in manufacturing necessary to comply with our prior unrealistic Paris Climate Agreement mandates would destroy hundreds of thousands of American jobs – including many of the energy jobs that are so critical to our economy.
President Biden will hand over these energy jobs to countries like China and India, which emit significantly more carbon than we do now, and are allowed to increase their emissions through 2030 under the flawed terms of the agreement.
President Biden is caving to the demands of his far-left base at the expense of American workers and U.S. energy independence.
Biden’s Offshore Drilling Ban is An Assault on American Jobs
President Biden chose left-wing activists over American workers and affordable energy costs by signing an executive order to ban new oil and gas exploration on federal lands.
This offshore drilling ban has hurt American energy workers, consumers, and families who depend on low-cost electricity, as well as public schools and first responders funded by oil and gas tax revenues.
By banning a significant source of America’s oil and gas supply, President Biden is shipping American jobs and energy production to countries that don’t adhere to the same environmental standards as the United States.
President Biden’s actions threaten the economic livelihoods of millions of American families and must be reversed. New Mexico is projected to lose 60,000 jobs under President Biden’s restrictions on oil and gas development — seven percent of the entire employed state workforce. In Gulf Coast states like Louisiana, the offshore drilling industry supports hundreds of thousands of jobs — 94,000 in Louisiana alone — and adds $6.7 billion to Louisiana’s revenues every year.
Additionally, these leases bring critical dollars for coastal restoration, flood protection, and countless other public services in the states that host these activities.
The Biden Administration needs to get serious about supporting American energy independence and protect our nation’s energy abundance both on and off America’s shores.