H.R. 1, the Lower Energy Costs Act, focuses on two main priorities: increasing the production and export of American energy and reducing the regulatory burdens that make it harder to build American infrastructure and grow our economy.
Historically, H.R. 1 through H.R. 10 have signaled a Speaker’s legislative priorities to improve the lives of the American people, making the Lower Energy Costs Act all the more significant.
The Biden administration has kneecapped American energy production, and endlessly delayed critical infrastructure projects. Democrats’ misguided policies increased costs for every American and jeopardized our national security – and they’ve made the rest of the world more reliant on dirtier energy from Russia and China.
To lower costs for Americans and grow our economy, we need to get the federal government out of the way. The Lower Energy Costs Act will fast-track American energy production, and includes comprehensive permitting reforms that will speed construction for everything from pipelines to transmission to water infrastructure. And it ensures that the critical minerals needed for advanced technologies come from America – not China.
This bill will be critical to growing our economy, lifting communities out of energy poverty, and ensuring American leadership long into the future.
Below you will find help information on the Lower Energy Costs Act:
- H.R. 1 summary
- Energy and Commerce summary
- Natural Resources summary
- Transportation and Infrastructure summary
- Section-by-section summary
- Bill text
- Speaker McCarthy announces H.R. 1: Lower Energy Costs Act
- Speaker McCarthy on the introduction of H.R. 1, the Lower Energy Costs Act