[Congressional Record Volume 171, Number 27 (Monday, February 10, 2025)]
[Senate]
[Pages S807-S808]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
Energy
Mr. CORNYN. Madam President, last week, the Senate voted to confirm
Chris Wright as President Trump's Secretary of Energy.
The United States has been blessed with incredible natural resources,
and it is something, frankly, that it seems like President Biden sought
to deny the American people the benefits of that endowment with vast
natural resources. And President Trump is going to reverse those
policies and make sure we take full advantage of it for many reasons.
I was proud to support Secretary Wright's nomination, and I can't
think of a better candidate to oversee the implementation of one of
President Trump's key campaign promises: to unleash American energy in
a new golden age of prosperity.
Under 4 years of the Biden administration, Americans suffered from
burdensome energy prices resulting from his backward approach to energy
policy. We know that inflation was part of what was driving those high
energy prices, but also the refusal to take advantage of what God has
given us in terms of natural resources. From day one, President Biden
prioritized the view of climate radicals, while the interests of Texas
families and our national security were apparently an afterthought.
His first action was to revoke the permits for the construction of
the Keystone XL Pipeline, a project that would have allowed us to
transport crude oil from Canada to refineries in the Midwestern United
States. Because the pipeline was not built on a timely basis, it didn't
mean the crude didn't come. It meant it was put into railroad cars and
shipped in a way that was, frankly, not as safe and, certainly, not as
efficient as a pipeline would be.
And, in 2022, President Biden signed the Inflation Reduction Act, and
while this law did nothing to reduce inflation, it did create massive
subsidies for electric vehicles, most of which average working American
families can't afford to buy. But it is the car of choice for many
high-income coastal elites.
But it wasn't enough to just subsidize electric vehicles. In 2024,
the Biden administration went further in finalizing a rule requiring--
requiring--two-thirds
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of new cars on the market to be electric or hybrid by 2032. The Biden
administration made clear that their end game was to end gas-powered
cars.
Now, most Americans who buy a car keep it for an average of about 10
years, and President Biden basically wanted to force them into buying
something that was not their preference but was going to be subsidized
by hard-working families--again, a vehicle that many of them could not
themselves afford. It is hard to see this as anything but an affront to
those hard-working families back home in Texas or Alabama or anywhere
else in the country.
It is not just the cost that we are talking about here. President
Biden's press for fast adoption of electric vehicles was a gift to our
greatest strategic adversary. That is because China controls the supply
chains for a majority of the critical minerals required to produce EV
batteries. Seventy-five percent of lithium-ion batteries, 70 percent of
cathode, and 85 percent of anode production capacity required for EV
batteries, as well as 50 percent of the processing facilities for
lithium, cobalt, and graphite, are all located in China.
On the other hand, the United States produces virtually none of these
critical minerals and certainly does not process them, which is
admittedly a very difficult and sometimes dirty process. But in China,
they process 90 percent of the world's critical minerals, and, frankly,
they don't care too much about the consequences.
But President Biden's insistence on this rapid transition from gas-
powered vehicles to electric vehicles put our national security
concerns and working families in the backseat to Xi Jinping and the
climate radicals. But he didn't stop with electric vehicles.
Last January, President Biden issued a pause on all American exports
of liquified natural gas in order to conduct a study on the
environmental impact. Well, I can tell him what a study has shown--what
experience has shown is that natural gas has driven down the number of
carbon emissions that previously occurred because of the broad use of
coal. So natural gas is really a much cleaner source of energy.
Of course, this pause on exports had major repercussions in Texas,
which is one of the leaders of the LNG industry.
A 2023 study from the National Association of Manufacturers found
that liquefied natural gas contributes $43.8 billion to our GDP. It
supports more than 200,000 jobs and generates $11 billion in Federal,
State, and local tax revenue. In Texas alone, the oil and gas industry
specifically supported more than 178,000 direct and indirect jobs in
2023 and purchased nearly $100 billion of U.S. goods and services.
But President Biden's pause on exports was not the only time the
Biden administration chose to pick a fight with Texas over energy.
Last fall, the DC Circuit Court issued a ruling that revoked a permit
for the LNG export terminal at the Port of Brownsville. This export
terminal and related projects had already been approved by the Federal
Energy Regulatory Commission.
Just one of the projects affected by this ruling would have created
6,000 jobs and more than $18 billion of investments in South Texas.
But the DC Circuit sent them back to the drawing board, insisting
that they needed to ``adequately consider the environmental justice
impact'' of these developments.
These were for projects that had already been approved by the Federal
Energy Regulatory Commission.
Of course, we already know that liquefied natural gas is one of the
cleanest sources of energy, and of all the places in the world to
source LNG, the United States of America has the highest standards. But
environmental considerations aside, this war on American energy exports
is in direct conflict with our national security priorities.
Prior to the pause on LNG, the United States was supplying energy to
our European allies. This, of course, allowed them to rely far less on
Russian energy sources to keep the lights on and keep their houses
warm. By turning off our LNG spigot, President Biden sent a gift to
Vladimir Putin in the form of another source of revenue. Of course, it
is the revenue that comes from the sale of energy in Russia that Putin
uses to fund his war machine, which has resulted in the deaths of
hundreds of thousands of Russians and Ukrainians.
President Biden's energy agenda put Texas workers and their families
and our national security last, choosing instead to bend a knee to
foreign adversaries and to radical climate activists.
But, thankfully, that is not where the story ends. President Trump
and Secretary Wright are now at the helm, and President Trump has lost
no time in righting the ship to put American consumers and our national
security first. President Trump is already off to the races to unleash
a golden age of energy dominance in a number of important ways.
On the first day of his Presidency, he reversed President Biden's
disastrous LNG pause. This will allow our allies access to the oil and
natural gas that come from Texas projects in the Gulf of America rather
than relying on our adversaries.
Furthermore, it is not just Texans and our European allies that can
benefit from President Trump and Secretary Wright's agenda; by
reforming the permitting process, we can make sure everyone within the
United States has access to our abundant domestic energy supplies. And
it will bring prices down, as President Trump has said is important in
his fight against 40-year high inflation under the previous
administration.
Unfortunately, some of our New England States--notably States like
Maine and Massachusetts--are still reliant on foreign fuel, and that is
because of the lack of pipelines that would take the LNG and transport
it up into that part of the United States.
Due to stringent shipping requirements from the Jones Act, it is more
costly to transport natural gas from the Gulf of America to New England
than it is for these States to import fuel from foreign countries. The
Jones Act was intended to protect U.S. shipping, but in this case, it
has the unintended effect of decreasing our energy independence. I have
no doubt that commonsense permitting reforms can right this wrong.
I look forward to working with President Trump and his administration
to unleash American energy through an ``all of the above'' approach so
that Texas and the Gulf of America can once again supply the Nation and
the world with reliable, affordable energy.
The Biden administration's energy policy has lined the pockets of
America's adversaries to appease climate radicals while hard-working
Americans were stuck with the check. But President Trump has promised a
golden, new age, and I look forward to making Texas and America the
center of that.
I suggest the absence of a quorum.
The PRESIDING OFFICER. The clerk will call the roll.
The senior assistant legislative clerk proceeded to call the roll.
Mr. SCHUMER. Madam President, I ask unanimous consent that the order
for the quorum call be rescinded.
The PRESIDING OFFICER. Without objection, it is so ordered.