Jeb Bush energy plan
09/29/2015
From the Jeb Bush campaign:
JEB BUSH: UNLEASH THE ENERGY REVOLUTION
“Taken together, these policies will fully unleash the Energy Revolution, creating more jobs, higher wages, cheaper gas and cheaper electricity, while better protecting our interests abroad and our environment.”
Governor Jeb Bush
September 29, 2015
Americans continue to endure anemic economic growth of barely 2% a year. For most people, it continues to be too hard to find a good paying job, get a raise or simply make ends meet. Some call this “the new normal,” but it is unacceptable. With the right policies and leadership, we can, in the near-term, achieve 4% growth and restore the opportunity for every American to rise. But that will only happen if we reverse damaging federal energy policies.
The Energy Revolution and Growth
Energy is not just a sector of our economy. It is also an input into every other economic sector. That means cheaper, more reliable energy benefits American families in multiple ways. More domestic energy leads to more jobs, higher wages, lower gas prices and smaller electricity bills. In short, it means more money in people’s pockets, allowing them more freedom to make more choices for themselves and their children.
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A Once-in-a-Generation Economic Opportunity
The U.S. is still in the early stages of capitalizing on this economic opportunity. The Energy Revolution creates jobs in the oil and gas fields. Researchers at Dartmouth University found that every $1 million of oil and gas extracted from an oil or gas well generates, within 100 miles of that well, an additional $263,000 in wages and 2.8 new jobs. It also creates jobs throughout the oil and gas supply chain.
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A Manufacturing Renaissance, a million new jobs
However, job creation extends well beyond the oil and gas industry and its suppliers. A Harvard Business School/Boston Consulting Group study asserts, “We believe that the single-largest source of competitive advantage and economic opportunity for the United States over the next decade or two is likely to be energy.” Cheaper energy can reinvigorate U.S. manufacturing. The result, more Americans find work.
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An Energy Plan for Americans to Rise
1. Lift Restrictions on Exports of Oil and Natural Gas
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2. Approve the Keystone XL Pipeline
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3. Reduce Overregulation
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4. Defer to Willing States and Tribes
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Energy, Unleashed, Can Help All Americans Rise
Taken together, these policies will fully unleash the Energy Revolution, creating more jobs, higher wages, cheaper gas and cheaper electricity, while better protecting our interests abroad and our environment. This plan will help us quickly achieve, and sustain, 4% economic growth.
With North American resources and American ingenuity, we can finally achieve energy security for this nation – and with presidential leadership, we can make it happen.
But to achieve these policies, we have to change the way Washington works. And we have to change who we send there to lead. With North American resources and American ingenuity, we can finally achieve energy security for this nation – and with presidential leadership, we can make it happen in the near-term. If we do all of this, and if we do it right, we will make the United States of America an economic superpower like no other.
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