For decades, entrepreneurs in Oklahoma and Texas have looked to the immense natural resources found beneath our states’ soil, convinced that with a dream and a little hard work they could revolutionize an industry. These entrepreneurs have characterized the innovative spirit that has made the sister states places of promise for countless Americans.
We are proud to represent Oklahoma and Texas, respectively, and together we believe we can unleash the American energy renaissance that is already underway. To do so, we need to scale back the government, restore state and local control, and welcome technological advancement to tap into the resources beneath the soil.
The first step to promoting growth is reining in excessive federal regulations that are stifling jobs and economic growth. Previous posturing notwithstanding, just last week the Environmental Protection Agency released a historic, four-year-long study that concluded hydraulic fracturing has “not led to widespread, systemic impacts on drinking water resources.” The EPA is by no stretch of the imagination a conservative institution; if anything, it has repeatedly attempted to hamper the energy industry through untenable environmental claims. Yet, even the EPA, after examining 950 papers and reports and other data points, could not find evidence that hydraulic fracturing harms water.
Yet even when science dispels myths, such as the claim that fracking harms water, the Obama administration demonizes the energy industry and has aggressively discouraged fossil fuel development and use, to the detriment of consumers and economic growth. This week, the president joined other international leaders and declared their intent to “decarbonize” the economy by the end of the century. In other words, the president is proposing to eliminate the energy resources that nearly every family uses to switch on a light or operate a microwave, regulations that would cost the average household hundreds of dollars each year. According to this president, traditional, affordable energy sources have no place in our cities or towns.
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