Reports from the U.S. Energy Information Administration (EIA)

House Passes Act to Boost American Energy Production, Aligns with Trump’s Plan to Lower Costs

Nov 22, 2024, 04:06 PM

The House of Representatives has passed the Committing Leases for Energy Access Now Act, aimed at boosting American energy production. This legislative move aligns with President-elect Trump's mandate to unleash American energy, which has garnered support from various lawmakers. Advocates argue that increasing production of diverse energy sources will reduce risks of disruptions, support energy security, and lower costs for consumers. Key proponents, including Sen. Dan Sullivan and Rep. Gus Bilirakis, emphasize the need for permitting reform and an all-of-the-above energy strategy to restore U.S. energy dominance. Sullivan highlighted Alaska's readiness to lead the way and the potential to make the country wealthy. The House GOP has pledged to work with the Trump administration to achieve these goals.