Energy Department Releases First Ever QER
WASHINGTON – On Tuesday, the Department of Energy (DOE) released the initial installment of its first ever Quadrennial Energy Review (QER). The review examines vulnerabilities in U.S. energy infrastructure and proposes policy recommendations to modernize systems, and promote economic competitiveness, energy security, and environmental responsibility. After reviewing the QER, Congressman Gene Green released the following statement:
“It’s important to us that the Administration sees the need for investment in our energy infrastructure.
“The energy revolution in our country has drastically changed markets and economies in the U.S. and across the globe. Ten years ago, we faced rising costs, falling employment, and companies moving overseas, and today that couldn’t be further from the truth.
“To encourage additional development and achieve the Administration’s emission reductions goals, the U.S. needs to modernize its pipeline and grid network. Today, cost-competitive oil and gas are being produced in new areas of the country that are not equipped with the necessary infrastructure. Even in my home state of Texas faces pipeline and grid connectivity issues, so we know it’s a problem.
“I support the Administration’s work to quantify the issues facing our energy infrastructure, but rather than spending billions of federal dollars on special programs, we need to streamline and expedite permitting in a way that eliminates endless delay, while still protecting the environment.
“Mid-stream companies, like the ones in our District, and the energy sector as a whole are ready to spend billions in private capital to meet the demands of the market, but they simply cannot do that without permitting certainty. This is costing us American jobs and new revenue.
“I look forward to working with my colleagues on the Energy and Commerce Committee to find a way to take the most innovative and effective solutions from all stakeholders and crafting legislation that will make room the developing energy sector, and our growing economy.”