Hyde-Smith Cosponsors Bill to Advance Action on Reducing Energy Costs

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Below is a press release from Senator Cindy Hyde-Smith:

SMART Energy Act would require the restart of offshore and onshore energy rental sales

U.S. Senator Cindy Hyde-Smith (R-Miss.) Is one of the main co-sponsors of legislation that would push the Biden administration to take action to immediately restart oil and gas leasing, while stepping up development of wind, solar and geothermal energy.

The Supporting Made in America Renewable and Traditional (SMART) Act (S.3214) was introduced on Tuesday in response to rising energy prices and the administration’s active efforts to stifle or shut down oil and gas production. gas on federal lands and waters.

“The higher energy prices Americans are paying are a direct result of the bad energy and economic policies of the Biden administration,” Hyde-Smith said. “The SMART Energy Act would implement a plan to ensure that we actively harness America’s energy supplies, including wind and solar, to fuel our economy and prevent inflated energy prices from straining family budgets. . ”

For Mississippi, the SMART Energy Act would require the Home Office to conduct two region-wide offshore oil and gas concession sales in each of the Central Gulf and Western Gulf planning areas. from Mexico. The bill also requires the development and approval of a new oil and gas leasing program before a previous program is closed.

Introduced by Sen. Steve Daines (R-Mont.), S.3214 also requires similar lease sales on federal lands. It also supports the expansion of wind, solar and geothermal energy by requiring the development of renewable energy priority areas on federal lands, in addition to activating offshore wind power leases.

Lease sales in the outer continental shelf are currently required by law as part of the 2017-2022 five-year program. The administration is under a U.S. district court order to resume lease sales, ending the new moratorium on lease sales imposed by President Biden on his first day in office.

On Tuesday, Hyde-Smith received testimony at a Senate Energy and Natural Resources Committee hearing that the Biden administration’s continued inaction to conduct offshore lease sales for oil and gas production. gas would result in greater dependence on foreign sources for the necessary energy supplies.

A section-by-section summary of S.3214 is available here.


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