The House Energy & Commerce Committee (E&C) — chaired by Representative Henry Waxman (D- Hollywood) — continues to work overtime to make energy harder to produce, more expensive, more imported and more rare. Using the tragic Gulf spill as justification, the committee unanimously passed the “Blowout Prevention Act of 2010” on the same day BP finally achieved some success in controlling its out-of-control Macondo well. With this bill, Chairman Waxman is leaping before he looks, with serious consequences for US energy and national security, as well as for the jobs of not just the hundreds of thousands who work in the offshore energy industry, but their counterparts on land, as well. He is leaping off a cliff while holding onto America’s arm.
