During remarks on the Senate floor Wednesday, Senate Majority Leader John Thune (R-SD) spoke about the energy policies in the Republicans' reconciliation bill.
00:00Mr. President, Senate Republicans are continuing to work on a reconciliation bill that makes America stronger and more prosperous.
00:06An important component of this bill is what it does on energy.
00:10Republicans spent a lot of time last year talking about how the Biden administration's hostility
00:15to conventional energy production was putting America on a dangerous trajectory in the future.
00:21And we promised that we would work to unleash American energy dominance if we were put in charge.
00:27We've been working to deliver on that promise since January.
00:30And that work continues with the reconciliation bill that we'll take up this month.
00:34This President, energy is essential.
00:36Without a reliable energy supply, our homes, schools, hospitals, businesses, factories, and our entire country literally grind to a halt.
00:47It's the critical resource, and we can't afford to get it wrong.
00:52But the Biden administration took us down the wrong path.
00:55It restricted development of America's conventional energy resources.
00:59It imposed regulations that heaped new burdens and costs on conventional energy producers.
01:05And it implemented an electric vehicle mandate that would have put an enormous new strain on our already wobbly electric grid.
01:13Mr. President, the United States is rapidly heading toward an energy crisis where we simply don't have the supply to meet the demand.
01:21As the Washington Post noted last March, and I quote,
01:25vast swaths of the United States are at risk of running short of power as electricity-hungry data centers and clean technology factories proliferate around the country,
01:35leaving utilities and regulators grasping for credible plans to expand the nation's creaking power grid.
01:43Meanwhile, the North American Electric Reliability Corporation warned of, and I quote,
01:51mounting resource adequacy challenges in the next decade.
01:57That's a pretty serious situation, Mr. President.
02:01But fortunately, we can do something about it.
02:04We have an abundance of natural resources from the Gulf of America to the North Slope of Alaska.
02:10The Biden administration seemed to view those resources as a liability.
02:14But Republicans recognize these resources as the assets that they are.
02:20And our reconciliation bill will help unleash these resources to promote a stable, secure, and affordable energy supply.
02:28It will open up leases on America's lands and waters for responsible conventional energy development.
02:34And it will expand production opportunities for essential energy resources that the Biden administration tried to put on the sidelines.
02:41Mr. President, as I indicated earlier, leveraging our natural resources through the reconciliation bill is just one part of the Republicans' energy agenda.
02:51For the last several months, we've been hard at work eliminating burdensome regulations that threaten to stifle energy development in our country.
02:57We've blocked implementation of the Biden natural gas tax, which would have driven up energy prices and destroyed jobs in the energy sector.
03:05And we intend to do away with this misguided tax in the reconciliation bill that we'll be considering soon.
03:13We've also repealed Biden-era energy regulations for household appliances and business equipment.
03:18Regulations that would have driven up costs and reduced choice with little environmental benefit.
03:24And the House and the Senate have moved to prevent California from imposing a de facto electric vehicle mandate on the whole country.
03:34Mr. President, the Biden administration sought to tie up American energy.
03:38But under the Trump administration and Republican Congress, that era is over.
03:44Instead of a Green New Deal, we're given a green light to energy producers.
03:49We're allowing Americans to benefit from our country's resources.
03:53And we are working to ensure a secure, reliable, and affordable energy supply for the long term.
04:00Our reconciliation bill will help put us on the path to that secure energy future.
04:07And I look forward to taking it up later this month.
04:10Mr. President, I yield the floor and I suggest the absence of a quorum.
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