Why the Republicans’ “Lower Energy Costs Act” Won’t Lower Energy Costs ...Middle East

News by : (The New Republic) -
Without being a fly on the wall in Congressional offices or overpriced D.C. steakhouses, one can only imagine the precise wishlist the oil and gas industry has been circulating among the politicians they fund on Capitol Hill. Based on what these corporate execs have been saying in public recently, though, Republicans’ giant new energy package, H.R. 1 would seem to check off lots of items: What the GOP has titled the “Lower Energy Costs Act” is, in fact, a giveaway to the companies profiting the most off the higher energy prices this bill claims to be combatting.GOP messaging around this bill, which is expected to come to a vote in the House on Thursday, emphasizes that government interferenc

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