Rep. Guthrie delivering remarks in support of the FDA Act of 2022 on the House floor
This includes my Pre-Approval Information Exchange Act, which aims to help therapies get covered by payors faster once they are approved by the FDA. Another bill I’m co-leading would incentivize drug companies to bring their production back to American soil by advancing continuous manufacturing technology. I look forward to working with my Senate colleagues on this critical legislation and sending this to the President's desk as soon as possible.
Record High Gas Prices and Summer Energy Blackouts
The price of gas has doubled since President Biden took office, and now the national average is nearly $5 a gallon. On top of this, “more than half the nation will be at elevated risk of power outages this summer,” according to the North American Electric Reliability Corporation (NERC). I sent a letter to Energy Secretary Granholm to request the energy department’s plan to prevent potentially dangerous blackouts during hot summer months. The Biden Administration recently blocked oil and gas lease sales from the federal government in Alaska and the Gulf of Mexico. I am disappointed in this policy decision to cancel the lease sales because allowing the lease sales to move forward would ultimately help increase supply and bring down costs. The Administration's rhetoric has accused oil and gas companies of price gouging, despite the administration's policy decisions that have significantly stifled production. If price gouging is occurring, then that is illegal and should be prosecuted. However, the Biden Administration’s own Secretary of Energy admitted during an April 28 hearing before the House Energy and Commerce Committee that she does not believe anyone is saying there is wholesale gouging and oil executives testified under oath before my committee that they were not price gouging. I believe we must unleash American oil and gas production to meet our needs and drive down costs.
I have also been fighting for lower energy costs by supporting bills to unleash American energy and encouraging the Biden Administration to promote policies that encourage domestic production that will truly lower gas costs for Americans.