The Pryor Times

Opinion

July 1, 2014

Passage of legislation to lower gas prices

Pryor Times — WASHINGTON – By a vote of 229-185 on Thursday, the U.S. House of Representatives passed H.R. 4899, the Lowering Gasoline Prices to Fuel an America That Works Act, a bill cosponsored by Congressman Markwayne Mullin (OK-2).

This legislation aims to reduce gas prices for Americans by expanding energy production in the United States.

“The State of Oklahoma is rich with oil and natural gas, and it’s incredibly important that we take steps to utilize these resources,” said Mullin. “Unfortunately, this Administration’s actions have limited our abilities to access the energy right here in the U.S.  By passing this legislation, the House has taken the initiative to end these economically harmful policies and help everyday Americans by lowering fuel prices.”

A provision of the bill would particularly help increase onshore energy production by reforming the leasing process for federal lands.

“Much of the oil and gas in our state is trapped in federal lands because of unnecessary administrative barriers and red-tape,” said Mullin.  “If we can eliminate these delays and ensure timely processing for permits, we can then increase domestic fuel production while simultaneously helping create American jobs.  Simply put, this bill will open the path for economic growth.

“I’m proud to be a cosponsor of the bill and applaud my colleagues in the House for voting to pass it.”

According to the Congressional Budget Office, H.R. 4899 would generate over $1 billion in new revenue over ten years and could create up to 1.2 million jobs long-term.

More information on H.R. 4899 can be found at http://naturalresources.house.gov/legislation/hr4899/

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