WASHINGTON, D.C. – Congressman Clay Higgins (R-LA) voted to pass H.R. 1, which unleashes American energy independence by boosting the production and processing of critical minerals to help drive down costs for Americans.
“Biden’s anti-American energy agenda is hurting every aspect of the average American life,”said Congressman Higgins. “Southwest Louisiana is the epicenter of America’s LNG industry and remains a major contributor to our state and national economy. By enacting policies that increase domestic production, we lower costs for American families, provide economic prosperity, and protect our national security.”
Background:
- This legislation repeals the Biden administration’s $6B natural gas tax, reverses the harmful royalty rate hike on offshore energy production, and streamlines the approval of new energy infrastructure and development.
- It addresses much needed reforms to revenue sharing provisions for offshore energy production and ensures that Louisiana receives its fair share of revenues from production in the Gulf of Mexico.
- Expands the Gulf of Mexico Energy Security Act (GOMESA) provisions to include offshore wind energy production. These revenues would provide critical investments for coastal restoration efforts in Louisiana.
Read the legislation here.
