HYDE-SMITH wants to turn on the pumps for oil and gas production in the United States

WASHINGTON DC- U.S. Sen. Cindy Hyde-Smith (R-Miss.) stresses that oil and gas production must remain an important part of the U.S. energy portfolio despite continued Democrat efforts to ditch U.S. fossil fuels.

Hyde-Smith used an Energy and Natural Resources Subcommittee hearing titled “Pathways to lower energy prices” a focus on undermining domestic energy production in the United States undermines efforts to lower energy prices, improve the economy, and ensure the nation’s security.

“We are going to have to have real solutions with everything that is on the table taken into account”, Hyde Smith said. “We have seen this year and last year that the US fossil fuel industry has been attacked by conflicting energy policies, executive orders and federal regulations designed to cripple these industries. These actions contribute to the instability and unpredictability of the energy market as a whole.

Ron Ness, chairman of the North Dakota Petroleum Council, testified in favor of producing “American energy of all types” but criticized the actions of the Biden administration to “retreat or walk away from our industry” to start with the cancellation of the Keystone Pipeline XL and leases on federal lands.

“Everything has been slowed down, and now we see the progression of climate requirements into permits, leases – all the arrangements that operators have to make to get those permits and come up with a development plan that they can then take to Wall Street to attract the kind of capital they need to drill and develop oil production in our country,” ness said.

Hyde-Smith spoke about the need for Congress to authorize critical energy infrastructure projects to support energy generation, processing and delivery.

Testimony from Julie Fedorchak, President of the North Dakota Public Service Commission, addressed the need for a diverse energy portfolio and infrastructure to support reliable transmission and more affordable electricity rates in different regions from the country.

“We need battery storage and you can’t compare a place like Hawaii and North Dakota,” Fedorchak said. “The technology just doesn’t exist today to make this possible with 100% renewable energy. We must have distributable resources fueled by our fossil fuels for the indefinite future until technology allows us to wean them off.

In the testimony filed, Fedorchak added“My first plea to you is this: We need to be honest with American citizens. Transitioning our grid to 100% renewable energy may be achievable and, for many, desirable, but it won’t cut costs for anyone, especially over the next 25 years.

A tan previous hearing On Wednesday, Hyde-Smith addressed the Biden administration’s proposed five-year offshore lease program, in which the Secretary of the Interior could choose not to allow new lease sales in the Gulf of Mexico from 2023. at 28.

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