America Has Greater Energy Resources Than Anywhere Else On Earth
Our country has greater energy resources than any other place on earth. Our engineers and miners, the men and women whose labor taps the forces of nature, are the best in the world. Together, the people of America’s energy sector provide us with power that is clean, affordable, secure, and abundant. Their work can guarantee the nation’s energy security for centuries to come if, instead of erecting roadblocks, government facilitates the creation of an all-of-the-above energy strategy.
We applaud congressional Republicans for doing just that through far-sighted legislation. Both Houses have passed bills that will modernize pipelines and the electric grid, protect the grid from disruption, expedite energy exports, and lower energy costs. A Republican administration will build on those policies to find new ways to store electricity, a breakthrough of extraordinary import.
KEEP CALIFORNIA AN ENERGY LEADER
Planning for our energy future requires us to first determine what resources we have in reserve. Thirty years ago, the world’s estimated reserves of oil were 645 billion barrels. Today, that figure is 1.65 trillion barrels. The more we know what we will have in the future, the better we can decide how to use it. That is why we support the opening of public lands and the outer continental shelf to exploration and responsible production, even if these resources will not be immediately developed. Because we believe States can best promote economic growth while protecting the environment, Congress should give authority to state regulators to manage energy resources on federally controlled public lands within their respective borders.
We support the development of all forms of energy that are marketable in a free economy without subsidies, including coal, oil, natural gas, nuclear power, and hydropower.
WE OPPOSE ANY CARBON TAX
It would increase energy prices across the board, hitting hardest at the families who are already struggling to pay their bills in the Democrats’ no-growth economy. We urge the private sector to focus its resources on the development of carbon capture and sequestration technology still in its early stages here and overseas.
American energy producers should be free to export their product to foreign markets. This is particularly important because of international demand for liquefied natural gas, and we must expedite the energy export terminals currently blocked by the Administration. Energy exports will create high-paying jobs throughout the United States, reduce our nation’s trade deficit, grow our economy, and boost the energy security of our allies and trading partners.
ENERGY IS AN ECONOMIC AND NATIONAL SECURITY ISSUE
We support the enactment of policies to increase domestic energy production, including production on public lands, to counter market manipulation by OPEC and other nationally-owned oil companies. This will reduce America’s vulnerability to energy price volatility.