[Congressional Record Volume 147, Number 110 (Wednesday, August 1, 2001)]
[House]
[Pages H4992-H4993]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




    CONGRESS NEEDS TO WORK HARD TO IMPLEMENT PRESIDENT'S ENERGY PLAN

  (Mr. PITTS asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. PITTS. Mr. Speaker, every American relies on energy to live a 
quality life. We need gasoline to get to work or go to the store, take 
the kids to baseball practice. We need electricity to power up our 
computers. We need natural gas to heat our hot water and cook our 
meals.
  None of us can do without it, no matter how conservation-minded and 
frugal we are. That is why Congress needs to work hard to implement the 
President's energy plan.
  Some in Washington have been calling for price caps which will not 
solve the problem. You cannot ignore the law of supply and demand. 
Those of us arguing for price caps are ignoring the law of supply and 
demand, and would actually lead us to a cut in supply if they had their 
way.
  No, only the President's balanced, reasonable and comprehensive 
approach will work. It is not a quick fix, but that is because there is 
not one. All the more reason to get started now.

[[Page H4993]]

  I urge my colleagues to vote to support the President's plan.

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