Herrell, Republican Leaders Introduce POWER Act
WASHINGTON — Congresswoman Yvette Herrell (R-N.M.) today introduced the Protecting our Wealth of Energy Resources (POWER) Act of 2021. The legislation would block President Biden's ability to ban new energy leases on federal lands without the approval of Congress.
"More than half the oil and more than two-thirds of the natural gas produced in New Mexico is on federal lands," said Herrell. "A moratorium on new leases will devastate our state’s economy, destroying more than 60,000 jobs by 2022, and decimate our state’s budget."
Last year, $2.8 billion of New Mexico's $7.86 billion budget came from royalty payments and taxes on the oil and gas industry.
"This will have the greatest impact on the children of New Mexico, where our public education system received more than $1 billion in funding from the oil and gas industry last year alone," Herrell added. "I’m proud to lead the POWER Act to protect our state’s jobs and our children’s future."
The POWER Act is cosponsored by House Republican Leader Kevin McCarthy, Republican Whip Steve Scalise, Natural Resources Ranking Member Bruce Westerman, and more than two dozen other House Republicans. In the Senate, identical legislation was introduced today by Senator Cynthia Lummis of Wyoming and 25 other senators.
The legislation would prohibit the president or his secretaries of the Interior, Agriculture and Energy Departments from blocking energy or mineral leasing and permitting, or from issuing mineral withdrawals on federal lands and waters without congressional approval.
Original House cosponsors: U.S. Reps. Kevin McCarthy (R-Calif.), Steve Scalise (R-La.), Bruce Westerman (R-Ark.), Yvette Herrell (R-N.M.), Paul Gosar (R-Ariz.), Dan Newhouse (R-Wash.), Blake Moore (R-Utah), Rick Crawford (R-Ark.), Don Young (R-Alaska), Burgess Owens (R-Utah), David McKinley (R-W. Va.), Pete Sessions (R-Texas), Kevin Brady (R-Texas), Pete Stauber (R-Minn.), Chris Stewart (R-Utah), Tom Tiffany (R-Wis.), Doug LaMalfa (R-Calif.), John Curtis (R-Utah), Doug Lamborn (R-Colo.), Chip Roy (R-Texas), Tom McClintock (R-Calif.), Adrian Smith (R-Neb.), Guy Reschenthaler (R-Penn.), Ken Calvert (R-Calif.), Stephanie Bice (R-Okla.), Jim Baird (R-Ind.), Alex Mooney (R-W. Va.), Kevin Hern (R-Okla.), Lauren Boebert (R-Colo.), Matt Rosendale (R-Mont.) and Mark Amodei (R-Nev.).
Original Senate cosponsors: U.S. Sens. Cynthia Lummis (R-Wyo.), John Barrasso (R-Wyo.), John Boozman (R-Ark.), Marsha Blackburn (R-Tenn.), Shelley Moore Capito (R-W. Va.), Bill Cassidy (R-La.), Tom Cotton (R-Ark.), John Cornyn (R-Texas), Kevin Cramer (R-N.D.), Mike Crapo (R-Idaho), Ted Cruz (R-Texas), Steve Daines (R-Mont.), John Hoeven (R-N.D.), Cindy Hyde-Smith (R-Miss.), Jim Inhofe (R-Okla.), John Kennedy (R-La.), Mike Lee (R-Utah), Roger Marshall (R-Kan.), Pat Toomey (R-Penn.), Tommy Tuberville (R-Ala.), James Risch (R-Idaho), Mitt Romney (R-Utah) and Roger Wicker (R-Miss.).