Chet Edwards For Congress

Energy & Gas Prices

• Chet has voted to strip big oil companies of certain tax breaks and subsidies, because he believes that it is wrong, during a time of war, for big oil companies to post record profits while charging consumers over $3.70 a gallon for gas.




• Chet voted to halt deposits of oil into the Strategic Petroleum Reserve (SPR) for the remainder of the year and supports the releasing of oil from the SPR to increase supply on the open market and further help reduce rising gas prices. Chet believes doing so would demonstrate a U.S. commitment to reduce speculation in the oil market which, some energy experts have said accounts for as much as 20-30% of rising gasoline costs.




• Chet supported the Energy Independence and Security Act of 2007, which increased fuel mileage to 35 miles per gallon by 2020, the first increase in mileage standards since 1975, and provided $21 billion in tax incentives to increase production of domestic renewable energy sources, such as wind and solar energy.




• Chet is leading the fight in Congress to open up the outer continental shelf to natural gas drilling, which would increase natural gas supply, lowering costs for home heating and electricity.