Energy policy is very important and is a big part of our economic problems as is failure to invest in scientific research. It needs more attention. Taking tax incentives away from U.S. oil and gas companies is only addressing one part of a very much larger and global problem. Congress needs a balanced approach where there is more exploration and production in the U.S, as well as more advanced research on renewables and on advanced energy sources. America should have a program like the “Manhatten Project” or the “Race to the Moon”, to develop new energy sources.
You also need to allow the General Services Administration to enter into longer term contracts for energy supply so they can buy from renewable generators. The current ten- year limit they operate under, keeps the government from using its buying power to stimulate renewable energy production. A debt of thanks is owed to Rep. Rangle and Speaker Pelosi for there leadership and efforts in this area.