House Energy Ctte To Hear Raft Of New Oil And Gas Legislation

10:00 ET 15:00 GMT: The US House of Representatives Energy and Commerce Committee will today hold a hearing entitled, “Unleashing American Energy, Lowering Energy Costs, and Strengthening Supply Chains.”

• Livestream of the hearing: https://energycommerce.house.gov/events/joint-ener...
• The committee will deliberate on a range of new legislation including a resolution stating that the “Federal Government should not impose any restrictions on the export of crude oil or other petroleum products.”
• Legislation to “repeal the natural gas tax contained in Sec. 136 of the Clean Air
• Act (CAA).”
• Legislation to “prohibit a moratorium on the use of hydraulic fracturing unless such moratorium is authorized by an Act of Congress.”
• Legislation to ease regulation for the international import and export of oil, natural gas, and electricity.
• A bill to compel the Secretary of Energy to conduct “an assessment of the nation’s supply of critical energy resources…”
• Legislation “to repeal all restrictions on the import and export of natural gas.”
• The committee will also hear a resolution expressing “disapproval of President Biden’s revocation of the Presidential permit for the Keystone XL pipeline.”
• Full committee agenda: https://d1dth6e84htgma.cloudfront.net/02_07_23_Joi...:39:57.111Z