Nearly one month after Senator Sen. Ted Cruz (R-TX) spoke before a group of oilfield executives and employees to announce his idea of an American Energy Renaissance Act to increase jobs and energy independence–his office recently announced the filing of similarly-named legislation. During his speech reported on by Breitbart Texas in February, Cruz said, “The American energy renaissance that is beginning before our eyes can help save us from the Obama economy.”
Sen. Cruz announced–in conjunction with Congressman Rep. Jim Bridenstine (R-OK)–the filing of legislation that could bring the goal of new, high-paying jobs for Americans to reality. Together, the Republicans announced Senate Bill S. 2170 and House Bill H.R. 4286, which could empower the private sector to create jobs and opportunities domestically, according to statements submitted to Breitbart Texas.
“We are on the cusp of a Great American Energy Renaissance that will create both a stronger economy and a stronger America,” said Sen. Cruz. “The energy revolution that is already underway can produce the jobs and opportunities that our country needs to grow. A booming new energy economy can also provide critical resources to our allies so they are no longer energy dependent on petro-tyrants, such as Russia’s Vladimir Putin. This is a win-win. The only thing the federal government needs to do is get out of the way and let Americans do what they do best: dream, innovate, and prosper.”
Both of the bills are designed to block an overreaching federal government from creating new regulatory constraints on hydraulic fracturing and will facilitate the expansion of domestic refining capacity. Further the bill will “improve processes to develop energy infrastructure, stop EPA overreach and its war on coal, force Congress and the President to approve any new EPA regulations that kill jobs, broaden energy development on federal land, open offshore exploration, expand U.S. energy exports, and dedicate additional revenues to debt reduction.”
Partnering in this effort with Sen. Cruz, Rep. Bridenstine said, “Despite the Obama Administration’s hostility to fossil fuels, the U.S. is the world’s largest natural gas producer and third largest – and fastest growing – crude oil producer. The United States is poised to develop and export energy to the advantage of the American economy and permanently reduce Russia’s control over European energy markets.”
“Control a nation’s energy and you control the nation,” Bridenstine stated. “The biggest hurdle to the American energy renaissance – and European energy security – is not Moscow, but Washington D.C. Our bill frees up the private sector and gets the government out of the way.”
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