[Congressional Record Volume 152, Number 46 (Tuesday, April 25, 2006)]
[House]
[Pages H1709-H1710]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
URGING ACTION ON THE ENERGY CRISIS
The SPEAKER pro tempore (Mr. Dent). Under a previous order of the
House, the gentleman from Illinois (Mr. Emanuel) is recognized for 5
minutes.
Mr. EMANUEL. Mr. Speaker, everyone is talking about gas prices. This
morning President Bush presented the Nation with, he said, a ``plan to
lower gas prices.''
A little over a year ago on June 6, 2005, energy was $2.09. I use
that date because that was the date that the President of the United
States signed his energy bill that he hailed would be a great
improvement for energy and energy prices here in America. $2.09. Today
in Chicago it stands on average a little over $3 in the Chicago area.
Over a little less than a year ago when the President signed his energy
bill, the one that this Congress delivered to him, energy was $2.09 a
gallon. Today in Chicago gas is $3.32 a gallon.
In the year in which we debated the energy bill, the oil and gas
interests spent $86 million lobbying this Congress and got $14.5
billion in taxpayer subsidies. They spent $86 million lobbying the
House of the American people, and they got a $14.5 billion gift.
[[Page H1710]]
You cannot get that type of return on Wall Street. That was about a 10
percent return. You cannot get a return like that on any other
investment where you give $86 million to influence the people's House
and get $14.5 billion of hard-earned taxpayer money, and energy is
trading at $75 a barrel.
I understand if you want to help the oil and gas companies at $17 a
barrel, $25 a barrel to help them drill for energy. At $75 a barrel, I
would expect Exxon and Mobil and Chevron and Phillips, all who are
making not just good money, historic record prices, would actually be
able to go on their own and drill without the taxpayers having to pay
for it.
So not only are we paying a record amount of $3.50 a gallon, not only
are they making record profits, but at $75 a barrel, the taxpayers are
paying them $14.5 billion. So the American consumer pays more at the
pump, and they pay more on April 15 because of what this Congress did.
Over the last year, in less than 1 year, energy went from $2.09 to
$3.30, but that is only one example.
Mr. BURTON of Indiana. Mr. Speaker, will the gentleman yield?
Mr. EMANUEL. I yield to the gentleman from Indiana.
Mr. BURTON of Indiana. Mr. Speaker, I just want to say that we are
drilling for oil in Texas, California, Oklahoma, and Nebraska. How did
the gentleman vote when we wanted to drill in the ANWR, which is 3.5
times the size of Texas? We could have gotten almost 2 million barrels
of oil a day, and it would have helped these prices.
Mr. EMANUEL. Mr. Speaker, reclaiming my time, I voted against that;
and I vote against giving them $14.5 billion because I do not believe
there is a worse example of corporate welfare, only to be followed by
the prescription drug bill and the corporate tax bill that was a $5
billion problem. You all handed out $145 billion to corporate
interests. Only in Washington do you try to resolve a $5 billion
problem that cost you $145 billion, and it still did not resolve the
original $5 billion problem.
I bring this all up for one simple point: For the last 5 years, this
is supposed to be the people's House, and when that gavel comes down,
it is supposed to open the people's House, not the auction house. And
from the prescription drug legislation to the energy legislation to the
corporate tax bill, you have sold off America's interests. Billions of
dollars have been spent lobbying the people's House, and it shows when
you go from product to product, from line to line. That is what has
happened here.
Now all of a sudden everybody is worried about how we are going to
deal with the energy problem. When you had an energy bill, you hailed
it as a great victory for the American people. Since that time energy
has gone up more than a buck a gallon at the pump.
But that is also an example of what has happened with the corporate
tax bill and the pharmaceutical bill. People have used their influence.
I do not bemoan what the energy companies have done. I do not bemoan
what the pharmaceutical companies have done. I do not bemoan what the
HMO industry has done. I do not bemoan what corporate interests have
done to influence this Congress. What I bemoan is what the Congress has
done for that money and what they have done to the American people's
interests. And what is happening here, because now this week I think it
is ironic we are all talking about energy, this Congress is going to
bring up a lobbying bill. That piece of legislation has become the
incredible shrinking legislation. It does nothing. The Washington Post
called it ``a watered down sham. Simply a joke.''
USA Today writes, ``Congress still doesn't get it. After more than a
year of negative headlines about political corruption and money-soaked
alliances with lobbyists, House leaders are weakening their already
anemic excuse for reform.''
It doesn't deal with an independent Office of Public Integrity. It
does not ban gifts from lobbyists. It does not close the revolving door
for Members who leave here. It does not deal with disclosure of
lobbyists' solicitation of campaign checks.
The lobbying legislation we are dealing with is exactly the energy
legislation we dealt with. The two are the same pieces of legislation.
Those who have given and they are giving their checks because all that
is left on K Street is checks. There are no checks and balances left in
this system.
____________________