WASHINGTON, D.C. – House Majority Leader Eric Cantor (R-VA) today issued the following statement on H.R. 2021, the Jobs and Energy Permitting Act of 2011. This legislation will help create jobs and maximize domestic energy exploration by ending the permitting delays that have halted oil production off the coast of Alaska:
“The Obama Administration’s overreaching policies and burdensome regulations have hindered American energy development across the country, resulting in higher gas prices, job loss, and increased burdens on families and businesses. Today we are taking action to eliminate needless permitting delays which will allow energy development to move forward off the coast of Alaska and create jobs. By removing the tangle of red tape surrounding the permitting process, we can add up to one million barrels of oil per day to our domestic energy supply and create more than 50,000 jobs. This common sense legislation will help maximize energy production in this country, spur job creation and get people back to work. Leader Pelosi says she's focused on jobs, now she and her caucus will have the chance to support legislation that will create some."