GOP-led House approves a major agenda item to lower energy costs trends now

GOP-led House approves a major agenda item to lower energy costs trends now
GOP-led House approves a major agenda item to lower energy costs trends now

GOP-led House approves a major agenda item to lower energy costs trends now

House Republicans passed a sprawling energy package that would bring more oil, gas and critical minerals to market by cutting regulations and shortening the permitting process. 

The final vote was 225-204 - with four Democrats joining all but one Republican and six members not voting. Rep Brian Fitzpatrick, R-Pa., voted against the bill. 

Senate Majority Leader Chuck Schumer (D-N.Y.) has declared H.R. 1 in its current form as 'dead on arrival' in the upper chamber, and President Joe Biden has issued a veto threat. Yet, Republicans insist there is Democratic appetite for some of the provisions. 

House Republicans who spoke to DailyMail.com predict their Democratic colleagues could get behind permitting reform and legislation to boost mineral mining as Schumer privately tells senators he expects to move on allowing permitting reform at some point this year. 

The Lower Energy Costs Act, which Republicans have given symbolic importance in labeling HR 1, would accelerate the federal permitting process for oil and gas pipelines and critical minerals mining and production. 

House Republicans passed a sprawling energy package that would bring more oil, gas and critical minerals to market by cutting regulations and shortening the permitting process

House Republicans passed a sprawling energy package that would bring more oil, gas and critical minerals to market by cutting regulations and shortening the permitting process

It also includes provisions to force the Biden administration to ramp up oil and gas lease sales on federal land and repeal all restrictions on imports and exports of natural gas. 

It would expand oil and gas drilling by narrowing the Clean Water Act, which Democratic-led states have used to block such projects, and scaling back fees for methane emissions in the Inflation Reduction Act and the Greenhouse Gas Reduction Fund.

It would remove some of the subsidies for energy-efficient appliances but does not touch the IRA's subsidies for electric vehicles and renewable energy technologies.

It would also end the federal

read more from dailymail.....

NEXT Female teacher, 35, is arrested after sending nude pics via text to students ... trends now