Speaker McCarthy Unveils Key Legislation To ‘Lower Energy Costs,’ Make China ‘Dependent’ On American

…new energy legislation would “lower energy costs” and also assist American allies.

The legislation, dubbed the Lower Energy Costs Act under H.R. 1, would include provisions to increase energy production, reform the permitting process for key projects and streamline America’s energy infrastructure, according to a statement from McCarthy’s office. Elements of the legislation will come from 26 different representatives from the House Transportation, Natural Resources and Energy and Commerce Committees. (RELATED: Former Trump Economic Adviser Hammers Biden Admin’s ‘War’ On Fossil Fuels)

“You’re right, the only way you can really curb inflation, you gotta lower energy costs. You named all the different things energy has, but there is more to it. It is not just energy we will do,” McCarthy told Kudlow, a former economic adviser to then-President Donald Trump, during an interview in the Rayburn Room of the U.S. Capitol. “We need to double all the above what we’re producing today. But we need to not just be energy independent, this is about exporting too, to our allies. We should make China dependent on our natural gas.”…








Read more news: https://dailycaller.com/2023/03/09/kevin-mccarthy-larry-kudlow-energy-legislation/








We need to develop and use our energy sources. We need to drive costs down. We need to put America and the American people first.

 

They need to make these openly pro America and clearly America first. It needs to be made clear that any stopping or veto of these bills can only be seen as acting against America and in the interest of the CCP andChina.

 

It seems that LWers never learned about the law of Supply and Demand during their the extensive economy education </sarcasm>

 

Low energy cost and increase energy production in USA contradict each other. US oil company can’t pay their employee if oil price is cheap. As soon as oil price go down , many US company file bankruptcy . McCarthy knows that very well , so do most of the smart GOP politician ( MTG is not one of them) . But their supporters have no idea. So , lets play along , praise McCarthy for “Low energy cost and increase energy production”.