America is a country rich in energy resources and emerging technologies, and I support an all-of-the-above energy strategy that encourages domestic production, reduces our dependency on foreign oil and explores alternative energy solutions.
Oil and natural gas production has shaped Oklahoma’s economy since shortly after statehood, and it continues to do so today. While I am supportive of our traditional energy producers and protective of the thousands they employ, I have also supported tax credits that promote renewable energy development—like wind power—and incentivize consumers to use renewable and alternative fuels.
Hampering domestic energy production is not the path towards a robust economy and job growth. Under the Obama Administration, the Environmental Protection Agency (EPA) worked to formulate a national plan to reduce emissions of carbon dioxide and other greenhouse gases. Such drastic changes in energy policy would have had damaging consequences on our economy, including a dramatic increase in electricity prices. I am pleased to be working with the Trump Administration to roll back these disastrous policies and replace them with commonsense regulations that will protect our environment, while not hurting small energy producing companies that help promote Oklahoma’s economy.
More on Energy
Regardless of political points of view, most Americans can agree that good stewardship of the earth and its precious resources is important. And I am always encouraged by the special efforts made by individuals, families and communities to do their part today to ensure a fruitful and beautiful world for generations to come.
Washington, D.C. – Congressman Tom Cole (OK-04) released the following statement after a federal judge ruled against the Department of the Interior’s standards for hydraulic fracking. The standards, released last year, would impose strict regulations against fracking on federal lands, where a large percentage of U.S. oil and natural gas derives from.
Tulsa World Opinion - By Harold Hamm
Oklahomans should applaud the members of our state’s congressional delegation who voted to pass the omnibus bill, which lifted the 40-year-old ban on U.S. crude oil exports and set the stage for a market recovery.