Congressman Cole Votes for Energy Policy Act
Washington, D.C. – Congressman Cole voted today for a bipartisan energy policy that will help decrease American's dependence on unstable foreign oil supplies and stimulate the national economy. The Energy Policy Act of 2005 passed today on the House floor by a vote of 249 to 183 and is now headed to the Senate.
Congressman Cole was able to use his position on the powerful Rules Committee to protect refineries in Ardmore, Oklahoma and elsewhere from frivolous lawsuits filed by trial lawyers. Cole blocked amendments seeking to strip a bipartisan agreement on the legal liability of the manufacturers and users of MTBE, a fuel additive the U.S. Environmental Protection Agency mandated the use of during the 1990s.
"The House-passed energy bill balances the need for more domestic energy production with commonsense goals for conservation," Congressman Tom Cole said. "It will help create hundreds of thousands of jobs in all sectors of the economy, including manufacturing, construction, agriculture, and technology while at the same time preventing the loss of hundreds of thousands of jobs due to costs associated with high energy prices."
This comprehensive energy policy will allow us to produce more of our energy domestically, instead of relying on unstable foreign countries. The Energy Policy Act of 2005 increases domestic energy supplies by:
- Increasing domestic oil and gas exploration and development on non-park federal lands.
- Requiring 5 billion gallons of renewable fuel to be included in all gasoline sold in the United States by 2015, an increase that will save 1.3 billion barrels of oil by 2016.
- Streamlining the regulatory and approval process for the restart of idle refineries of the construction of new refineries.
"The Energy Policy Act of 2005 presents a comprehensive plan to help balance the growing discrepancy between consumption and production. It focuses on exploring new domestic sources of oil and natural gas, while also offering incentives to utilize alternate sources of energy," Congressman Cole said.
The Energy Policy Act of 2005 provides for an unprecedented increase in renewable sources of energy, such as wind, solar, geothermal, biomass, and hydroelectric power. The energy policy act will also help improve our nation's electricity transmission capacity and reliability; promote a cleaner environment; and encourages nuclear and hydropower production.
"Americans have suffered enough--paying high prices for gasoline at the pump and also for natural gas to heat their homes. We need a national energy policy that addresses our immediate energy needs and our energy requirements in the future," Congressman Cole said. "We need to send an energy bill to the President this year."
Last year the House passed energy legislation on several occasions, but the Senate failed to follow suit. This year we hope to finish the job and send energy legislation to the President.