Bill Cassidy on Energy & Oil

Don't pick winners & losers in energy market

But Cassidy sees things differently: "Mary Landrieu's most recent advertisements tell us a lot about how central a role she believes the government should play in our daily lives," Cassidy said in an emailed statement. "Her ad tells us that the government should pick the winners and losers and the politically well-connected benefit." Cassidy went on to say Landrieu's ad reveals that she promotes a "Washington insider system" rather than a level playing field.

The Louisiana Democratic Party shot back at Cassidy's claims saying that it's a lawmaker's jobs to create jobs, which is exactly what Landrieu's ad explains.

New oil refineries; drill ANWR; drill offshore

• Developing and expanding alternative technologies such as solar, wind, and clean coal
• Lifting the bans on domestic offshore drilling and extracting oil from shale
• Opening ANWR and other potential energy sources to exploration and drilling
• Reducing the costly, complicated, and time-consuming maze of federal regulatory requirements affecting refineries.

Voted YES on opening Outer Continental Shelf to oil drilling.

Congressional Summary:
• Makes available for leasing, in the 2012-2017 five-year oil and gas leasing program, outer Continental Shelf areas that are estimated to contain more than 2.5 billion barrels of oil; or are estimated to contain more than 7.5 trillion cubic feet of natural gas.
• Makes the production goal for the 2012-2017 five-year oil and gas leasing program an increase by 2027 in daily production of at least 3 million barrels of oil, and 10 billion cubic feet of natural gas.

Proponent's Argument for voting Yes:
[Rep. Young, R-AK]: The Americans suffering from $4 a gallon gas today must feel like they're experiencing a sense of deja vu. In 2008, when gasoline prices reached a record high of $4.11 per gallon, the public outcry forced Congress to act. That fall, Congress lifted the offshore drilling ban that had been in place for decades. Three years later, most Americans would likely be shocked to learn that no energy development has happened in these new areas.

Opponent's Argument for voting No:
[Rep. Markey, D-MA]. In the first 3 months of this year, Exxon-Mobil made $10 billion off of the American consumer; Shell made $8 billion; BP made $7 billion. So what are these companies asking for? These companies are now asking that we open up the beaches of California, Florida & New England to drill for oil. People who live near those beaches don't want oil coming in the way it did in the Gulf of Mexico. Right now, those oil companies are centered down in the Gulf of Mexico. People are concerned because those companies have blocked any new safety reforms that would protect against another catastrophic spill. We have to oppose this bill because, first of all, they already have 60 million acres of American land that they haven't drilled on yet, which has about 11 billion barrels of oil underneath it and an equivalent amount of natural gas. This bill is just a giveaway to Exxon-Mobil and Shell.

Voted YES on barring EPA from regulating greenhouse gases.

Congressional Summary:Amends the Clean Air Act to prohibit the Environmental Protection Agency (EPA) from promulgating any regulation the emission of a greenhouse gas (GHG) to address climate change.
• Excludes GHGs from the definition of "air pollutant" for purposes of addressing climate change.
• Exempts from such prohibition existing regulations on fuel efficiency, research, or CO2 monitoring.
• Repeals and makes ineffective other rules and actions concerning GHGs.

Opponent's Argument for voting No:
[Rep. Waxman, D-CA]: This bill is a direct assault on the Clean Air Act. Its premise is that climate change is a hoax and carbon pollution does not endanger health and welfare. But climate change is real. It is caused by pollution, and it is a serious threat to our health and welfare. We need to confront these realities. American families count on the EPA to keep our air and water clean. But this bill has politicians overruling the experts at EPA, and it exempts our biggest polluters from regulation. If this bill is enacted, the EPA's ability to control dangerous carbon pollution will be gutted.

Voted NO on enforcing limits on CO2 global warming pollution.

1. issuing, trading, and verifying renewable electricity credits; and
2. prescribing standards to define and measure electricity savings from energy efficiency and energy conservation measures.

Proponent's argument to vote Yes:Rep. ED MARKEY (D, MA-7): For the first time in the history of our country, we will put enforceable limits on global warming pollution. At its core, however, this is a jobs bill. It will create millions of new, clean-energy jobs in whole new industries with incentives to drive competition in the energy marketplace. It sets ambitious and achievable standards for energy efficiency and renewable energy from solar, wind, geothermal, biomass so that by 2020, 20% of America's energy will be clean.

Opponent's argument to vote No:Rep. BOB GOODLATTE (R, VA-6): I agree that this bill has very important consequences, but those consequences are devastating for the future of the economy of this country. It's a fantasy that this legislation will turn down the thermostat of the world by reducing CO2 gas emissions when China & India & other nations are pumping more CO2 gas into the atmosphere all the time. We would be far better served with legislation that devotes itself to developing new technologies before we slam the door on our traditional sources of energy like coal and oil and and nuclear power. We support the effort for energy efficiency. We do not support this kind of suicide for the American economy. Unfortunately, cap and trade legislation would only further cripple our economy.

Bar greenhouse gases from Clean Air Act rules.

Amends the Clean Air Act to:
1. exclude from the definition of the term "air pollutant" carbon dioxide, water vapor, methane, nitrous oxide, hydrofluorocarbons, perfluorocarbons, or sulfur hexafluoride; and
2. declare that nothing in the Act shall be treated as authorizing or requiring the regulation of climate change or global warming.

Member of House Committee on Energy and Commerce.

The House Committee on Energy and Commerce has operated continuously--with various name changes and jurisdictional changes--for more than 200 years. The Committee has developed what is arguably the broadest (non-tax-oriented) jurisdiction of any Congressional committee. Today, it maintains principal responsibility for legislative oversight relating to telecommunications, consumer protection, food and drug safety, public health, air quality and environmental health, the supply and delivery of energy, and interstate and foreign commerce in general. This jurisdiction extends over five Cabinet-level departments and seven independent agencies--from the Department of Energy, Health and Human Services, the Transportation Department to the Federal Trade Commission, Food and Drug Administration, and Federal Communications Commission--and sundry quasi-governmental organizations.

Let states lease energy rights on federal lands.

Congressional Summary:Authorizes a state to establish a program covering the leasing and permitting processes, regulatory requirements, and any other provisions by which the state would exercise its rights to develop all forms of energy resources on available federal land in the state.

Proponent's argument for bill: (The Heritage Foundation): This important piece of legislation would allow state control of energy resources on federal lands. America has harnessed technological advances in recent years in drilling and extracting energy resources that have caused a surge in domestic oil and gas in several areas of the country. Most of that production has occurred on private and state-owned lands, not federal lands where output has been on decline. The benefits of transferring power to the states over their own energy decisions: States have an interest in both boosting their economies by tapping into the energy resources available to them and protecting the environment. More importantly, they are best suited to fulfill these two goals, not the federal government.

Opponent's argument against bill:(The Wilderness Society): Oil and gas development can do serious damage to wildlands and waters, especially when it takes place in sensitive areas. The federal government began leasing public lands for energy development in 1920. We see energy development as a valid use of some public lands, but there are some wild places that must be protected. We work to ensure that the most stringent environmental precautions are applied when oil and gas development occurs on our public lands and that development does not happen in fragile wild areas. The Wilderness Society also makes sure that our most ecologically sensitive areas, such as the Arctic National Wildlife Refuge, remain permanently off limits to oil and gas companies.