The Subcommittee on Energy and Power has scheduled a hearing for Thursday, Dec. 11, at 10:00 a.m. in room 2123 of the Rayburn House Office Building. The hearing is entitled, “The Energy Policy and Conservation Act of 1975: Are We Positioning America for Success in an Era of Energy Abundance?"
America’s energy position today is much different than it was in the 1970s when the Energy Policy and Conservation Act of 1975 was written in response to the Arab oil embargo. Instead of oil and natural gas shortages, America now enjoys an abundance of energy supplies. In light of the dramatic changes in America’s energy outlook, the subcommittee will revisit and examine the current law to determine if it is still relevant in this era of abundance. U.S. Energy Information Administration Administrator Adam Sieminski will testify along with a panel of energy experts.
House Energy and Commerce Committee Chairman Fred Upton (R-MI) and Energy and Power Subcommittee Chairman Ed Whitfield (R-KY) said, “Our energy landscape looks much different than it did 40 years ago, and the time is now ripe to revisit and consider whether some of the energy policies rooted in the past still make sense today. We need to take a comprehensive look at where we came from, where we are today, and where we want to go from here. We are now one of the world’s greatest energy superpowers, but we need the right policies in place to take full advantage of this position and ensure American consumers are reaping the greatest benefits from our newfound energy abundance."
The Majority Memorandum, a witness list, and witness testimony will be available here as they are posted.