[Congressional Record Volume 146, Number 115 (Monday, September 25, 2000)]
[Senate]
[Pages S9210-S9211]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
ENERGY CRISIS
Mr. BROWNBACK. Mr. President, I join my colleague from Alabama in
noting that what the President is doing on SPR, in my view, is a
diversion. It is not solving the fundamental problem we have with the
energy supply in this country--either the refining capacity that has
been limited, as the Senator from Alaska, Mr. Murkowski, has spoken of,
or the supply of the raw resource, about which the Senator from Alaska
and others have spoken. We need to be able to get access to that, and
this administration has stopped that from taking place. They stopped it
from taking place on our shores and stopped an expansion of biomass,
biofuels, and ethanol production. They have not been supportive of
expansion there as well. They stopped expansion in places such as in
Central Asia, in which I have done a fair amount of work. There are
large reserves of hydrocarbons and oil and gas there. They have done
nothing to bring this on-line. Yet countries in that region of the
world--many of which most people haven't heard of--have, I believe, the
third largest pool of hydrocarbons in the world. They are seeking ways
to get it out to the West in an oil and gas pipeline. This
administration hasn't done anything to get that started.
So here we are today with high fuel prices, with no end in sight.
Despite the President's diversion by using SPR and the misuse of this
program--the way it was set up at least, the fundamental problem
remains. We have to deal with the supply issue, and this administration
hasn't done that. I applaud my colleague from Alabama for addressing
that issue.
Mr. SESSIONS. Will the Senator yield?
Mr. BROWNBACK. Yes.
Mr. SESSIONS. Mr. President, the Senator has been here, as I have,
for nearly 4 years now. I want to just ask him this: Has Senator
Murkowski, who chairs the Energy Committee, and others in this
Congress, been warning for years about this, saying that we were denied
American production, that it was going to come back to haunt us and
prices would go up and it would drain our wealth? Have they been urging
this administration for years to deal with it and support some
production?
Mr. BROWNBACK. Absolutely. He has been stating that for a long period
of time. The administration, each step along the way, has continued to
thwart, stall, and say things that were positive but with no action.
That is what I have seen taking place in pushing for marginal well tax
credits for
[[Page S9211]]
small oil well production such as we have in Kansas. We need to
encourage this domestic production. Let's have a tax credit for these
marginal oil wells that produce less than 10 barrels a day. You get
positive comments from the administration, but then nothing happens. On
biofuels or Central Asia, there is enormous capacity in that region for
oil and gas. Yes, this takes place, but what are you going to do to
cause this to happen? What is your strategy? Nothing is put forward.
Here we are with high gas prices and high heating oil. My parents
burn propane to heat their home. They are paying a significant premium
price now. All of these things are taking place, and then their answer
is to tap this 1\1/2\ day supply, instead of dealing with fundamentals
which they have failed to do over a period of time. So we have been
warned. I hope we can press the administration, and I hope this is
something to which people pay attention.
Mr. SESSIONS. I thank the Senator for those comments, and I do think
it is important for America. The average citizen doesn't have time to
watch debate here and hear what goes on in committees, but this has
been a matter of real contention for a number of years. There have been
warnings by people such as Senator Murkowski, who chairs the Energy
Committee, and others, that this would occur, and it has now occurred.
I think it is particularly a condemnation of the policy when you have
been told about the consequences and warned about it publicly and still
you have not acted. That, to me, is troubling. I appreciate the
Senator's comments.
I yield the floor.
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