The House Republicans’ fiscal 2014 budget put forth by Wisconsin Rep. Paul Ryan would open up more lands to oil and gas development, and approves the Keystone XL pipeline.
“America has the world’s largest natural-gas, oil and coal reserves — enough natural gas to meet the country’s needs for 90 years,” Ryan wrote in a Wall Street Journal op-ed. “Yet the administration is buying up land to prevent further development.”
“Our budget opens these lands to development, so families will have affordable energy,” he continued. “It approves the Keystone XL pipeline, which will create 20,000 direct jobs—and 118,000 indirect jobs. Our budget puts the country on the path to North American energy independence.”
The push for more energy development and approval of the Keystone pipeline follows many efforts by Republicans to ramp up U.S. energy production and ride the oil and natural gas boom.
Last week, House Republicans released a plan to fast-track Keystone XL pipeline and take the final decision out of the president’s hands.
“It’s been over four years and thousands of pages of environmental reviews. The experts have weighed in. Now is the time to build the Keystone Pipeline,” said Nebraska Republican Rep. Lee Terry, the plan’s author.