Wednesday, May 16, 2012
Red tape is strangling America's energy supply
The Examiner
View Original Article HERE
As loudly as American families are demanding refuge from economic burdens like high gas prices, small businesses are now chiming in as well. Persistently high energy costs are forcing owners to reduce hiring and cut back on employee hours.
According to the National Federation for Independent Business, one in 10 business owners says energy is his or her single greatest cost, ranking it ahead of wages, materials and other investments that help companies thrive. Another 25 percent claim it as the second or third biggest expense.
Congress should be looking for ways to provide relief from the burden of high energy costs with policies that promote development of all available energy sources. By expanding access to traditional domestic resources, as well as promoting exploration of innovative energy resources, we can help reduce energy costs and ensure abundant American resources for years to come. MORE.......................
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