House Republicans prioritize energy package to tackle gas prices and boost American energy.

1 min read
Source: NBC News
House Republicans prioritize energy package to tackle gas prices and boost American energy.
Photo: NBC News
TL;DR Summary

House Republicans are set to pass a bill that would increase domestic production of oil, natural gas, and coal, ease permitting restrictions, and boost production of critical minerals. The bill seeks to undo President Joe Biden's climate change agenda and has been labeled the "Lower Energy Costs Act." Democrats criticize the bill as a giveaway to big oil companies and a thinly disguised effort to reward energy producers that have contributed millions of dollars to GOP campaigns. Biden has threatened to veto the bill if it reaches his desk, and Senate Majority Leader Chuck Schumer called it "dead on arrival" in the Democratic-controlled Senate.

Share this article

Reading Insights

Total Reads

0

Unique Readers

8

Time Saved

3 min

vs 4 min read

Condensed

84%

640104 words

Want the full story? Read the original article

Read on NBC News