Could see lower energy bills if increased production brings down electricity and gas costs. May face higher costs from environmental impacts in your neighborhood.
$30,000-$60,000
Energy costs take up more of your budget, so any price drops from increased production could help with monthly bills. Environmental trade-offs may affect your community.
$60,000-$100,000
Moderate savings possible on energy costs if production increases lower prices. May benefit from job opportunities in expanding energy sector.
Over $100,000
Energy costs are smaller part of your budget, but you may benefit from energy sector investments and job growth. Likely to see positive portfolio effects if you own energy stocks.
What you can do right now
Your voice carries more weight when it comes from the people a policy affects.
Congress proposed the Energy Freedom Act to streamline how the government approves energy projects. It speeds up reviews for natural gas pipelines and exports, requires annual lease sales for oil and gas on federal lands, and mandates sales for renewable energy like wind and solar. The bill limits the President's power to pause energy leasing without congressional approval.
