With gas prices continuing to rise, it is critical that we promote commonsense energy policies that reduce pain at the pump for American consumers. I have outlined Five Principles of Sound Energy Policy, which will put our country on a sensible energy path:
Promote domestic production of energy
Reduce regulatory barriers to greater energy production
Do not pick winners or losers; government must not favor one energy sector over another
Reduce government spending to fight gas price inflation and the weakening dollar
Oppose foreign policies that further destabilize the Middle East
In line with these principles, I have led the charge to end all federal energy subsidies. The government should not use tax dollars to prop up specific energy sources in the market. The $500 million Solyndra scandal demonstrates what happens when government bureaucrats use taxpayer’s money to support failing business models.
