Energy

Third Plank of Bold Agenda Includes More Than 100 Ideas to Tackle Excessive Regulations, Develop American Energy, and Promote Financial Independence From the Office of the Speaker: WASHINGTON—Today, House Republicans unveiled a plan to grow our economy by tackling excessive regulations, developing American energy, and promoting financial independence for people who work hard and do the right thing. It is our vision for a Confident America that is the best place in the world to live, work, build... Read more

WASHINGTON – Small Business Committee Chairman Steve Chabot (R-OH) made the following statement after the U.S. House passed two joint resolutions disapproving of the Environmental Protection Agency’s unprecedented new rules to regulate carbon dioxide from U.S. power plants. The measures were passed by the U.S. Senate last month with bipartisan support and now go to President Obama’s desk for his signature or veto. “At a time when small businesses are being crushed by burdensome regulations and h... Read more

House Small Business Committee Chairman Sam Graves (R-MO) today released the following statement in support of the Lowering Gasoline Prices to Fuel an America that Works Act (H.R. 4899): “Rising gasoline prices harm small businesses and slow the economy. In fact, small businesses face a ratio of energy costs per sale that is 2.7 times what a large company pays. When costs go up, they have to cut jobs, raise prices or postpone major investments in equipment, and the economy suffers as a result. I... Read more

House Small Business Committee Chairman Sam Graves (R-MO) today released the following statement in support of the North American Energy Infrastructure Act (H.R. 3301): “Advances in technology and new market realities have greatly increased the energy production potential of the United States and its neighbors. In fact, the energy production sector has been one of the few job-creating bright spots in an otherwise feeble economy. However, the benefits of this energy bounty won’t be realized until... Read more

House Small Business Committee Chairman Sam Graves (R-MO) released the following statement on House passage of the Offshore Energy and Jobs Act (H.R. 2231): “For far too long, the Obama administration has restricted access to our abundant energy resources. Since the President took office, federal offshore oil production is down 12 percent and natural gas production is down nearly 40 percent. As we’ve found in our Committee hearings on America’s new energy paradigm and the Keystone XL pipeline, n... Read more

House Small Business Subcommittee on Agriculture, Energy and Trade, under the chairmanship of Rep. Scott Tipton (R-CO), today held a hearing on the potential economic and employment benefits of increased domestic oil and natural gas production, due to new technologies, for the nation and specifically for small businesses. Recent changes in technology and market fundamentals now make it more economical to produce vast amounts of oil and gas from unconventional petroleum deposits, such as shale ga... Read more

House Small Business Committee Chairman Sam Graves (R-MO) released the following statement in support of H.R. 3, the Northern Route Approval Act: “If Washington intends to be focused on jobs, then the Keystone XL Pipeline is a no-brainer,” said Chairman Graves. “Last week, our Subcommittee on Agriculture, Energy and Trade heard from a labor official and small business owners, including one that President Obama visited on Friday, that they want the Keystone XL Pipeline project to move forward. Th... Read more

The House Small Business Committee, led by Chairman Sam Graves (R-MO), today held a hearing to examine the Environmental Protection Agency’s (EPA) compliance with the Regulatory Flexibility Act (RFA), with a specific focus on the Agency’s Boiler MACT and Lead, Renovation, Repair and Painting regulations. Although long ignored by federal agencies, the RFA requires agencies to consider the effects of their rules on small businesses and other small entities before implementing them. If the impact i... Read more

Small Business Subcommittee on Economic Growth, Tax and Capital Access Chairman Joe Walsh (R-IL) today held a field hearing in Hoffman Estates, IL, on the effects of high gasoline prices on local small business. Energy is a major cost in a substantial share of small businesses. One in 10 small business owners claim that energy is their single greatest cost, greater than wages and salaries, materials and supplies, etc. Another 25 percent claim energy is one of the two or three largest business co... Read more

House Small Business Committee Chairman Sam Graves (R-MO) today applauded House passage of the Domestic Energy and Jobs Act, a package of energy production bills that will lead to lower energy costs and more jobs. The bill includes the Planning for American Energy Act of 2012 (H.R.4381), which was introduced by Small Business Subcommittee on Agriculture, Energy and Trade Chairman Scott Tipton (R-CO) and the Providing Leasing Certainty for American Energy Act of 2012 (H.R 4382), which was introdu... Read more