Energy

The regulations imposed on the energy industry has stifled investment and stalled our ability to keep up with the needs of our nation. As a result, we continue a growing dependence on foreign energy sources.

It seems the mantra “we must wean ourselves from foreign oil” has been a staple of political rhetoric for decades. However, rather than pursuing policies to make energy independence a reality, or at least lessening our reliance on foreign sources, we have instead set in motion a regulatory scheme that actually forces an ever greater reliance on foreign sources of energy.

Not only does that subject our economy and household budgets to the wild swings of world currency and commodity markets, but it also negatively impacts our national security.

We must, without delay, expand our access to domestic sources of energy. Today’s technologies allow for greater efficiencies in resource extraction and greater environmental protections. Concurrently, we should continue to explore and invest in new technologies that will help power our cars and light our homes in the future.