Energy, Climate, and Grid Security Subcommittee Hearing: “From Gas to Groceries: Americans Pay the Price of the Biden-Harris Energy Agenda"

Background

On March 30, 2023, the House Energy, Climate, and Grid Security Subcommittee held a hearing titled “From Gas to Groceries: Americans Pay the Price of the Biden-Harris Energy Agenda.” The hearing examined the impact of the Biden-Harris administration’s energy policies on consumer energy costs.

The hearing was chaired by Rep. John Shimkus (R-IL) and featured testimony from energy industry experts, economists, and consumer advocates.

Testimony

Witnesses at the hearing provided testimony on a range of issues related to the Biden-Harris energy agenda, including:

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The impact of the administration’s policies on gasoline prices

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The impact of the administration’s policies on natural gas prices

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The impact of the administration’s policies on electricity prices

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The impact of the administration’s policies on consumer energy affordability

Findings

The Subcommittee on Energy, Climate, and Grid Security found that the Biden-Harris energy agenda has had a significant impact on consumer energy costs.

The Subcommittee found that the administration’s policies have led to higher gasoline prices, higher natural gas prices, and higher electricity prices.

The Subcommittee also found that the administration’s policies have made it more difficult for consumers to afford their energy bills.

Recommendations

The Subcommittee on Energy, Climate, and Grid Security made a number of recommendations to address the impact of the Biden-Harris energy agenda on consumer energy costs.

The Subcommittee recommended that the administration:

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Increase domestic energy production

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Reduce regulatory burdens on the energy industry

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Promote the development of new energy technologies

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Provide financial assistance to consumers who are struggling to afford their energy bills