Energy
The significance of the agriculture industry to Nebraska’s Third District cannot be overstated. As the nation’s leading congressional district in market value of agriculture products sold, our farmers and ranchers are the backbone of our state’s economy.
2023’s first quarter economic report showed a decline in the U.S. GDP growth rate to 1.1 percent, making clear the lasting impact severe inflation has had on our economy. The damage done by reckless and wasteful spending emphasizes the importance of fiscal responsibility and pro-growth policies.
Washington, D.C. – Rep. Adrian Smith (R-NE), a co-chair of the Congressional Biofuels Caucus, released the following statement after the Environmental Protection Agency (EPA) announced an emergency waiver to allow E-15 sales this summer:
Over the past two years, consumers everywhere have felt the consequences of stifled energy production and dependence on foreign energy sources. From day one of the Biden administration, the president’s misguided energy policies have caused skyrocketing energy prices. As fuel prices shot up more than 60 percent, families struggled to pay for essentials like gas and groceries.
Washington, D.C. – Today, Reps. Adrian Smith (R-NE) and Angie Craig (D-MN) were joined by Rep. Dusty Johnson (R-SD) – three of the four co-chairs of the Congressional Biofuels Caucus – to reintroduce the Consumer and Fuel Retailer Choice Act.
Nearly two weeks prior to the first day of winter, we have already seen snow, ice, and freezing conditions across the Third District.
WASHINGTON, DC – Yesterday, U.S. Representatives Adrian Smith (R-NE) and Angie Craig (D-MN) introduced the Consumer and Fuel Retailer Choice Act of 2022, bipartisan, bicameral legislation that would enable the year-round, nationwide sale of ethanol blends higher than 10%, helping to lower fuel prices and improve stability and certainty in the U.S. fuel market.
WASHINGTON, D.C. – Rep. Adrian Smith (R-NE), Co-Chair of the Biofuels Caucus released the following statement after the Environmental Protection Agency released its proposed renewable fuel standards for 2023, 2024, and 2025:
As many of you know, this harvest season has been a tough one for Third District farmers. Arid conditions across Nebraska contributed to an expedited harvest completion and severely diminished yields. Ongoing drought has taken its toll, and yields for crops such as corn, soybeans, sugar beets, and sorghum are expected to be down significantly from last year.
As American families continue to battle historic inflation at 8.2 percent, Nebraskans are feeling the pain every time they reach for their wallets. According to the Joint Economic Committee, households in Nebraska are spending an extra $759 each month, or more than $9,000 annually, because of inflation.