[Congressional Record Volume 152, Number 51 (Wednesday, May 3, 2006)]
[House]
[Page H1987]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
A NEW APPROACH TO ENERGY PROBLEMS
(Mr. JINDAL asked and was given permission to address the House for 1
minute.)
Mr. JINDAL. Mr. Speaker, the Nation's energy prices continue to rise.
Families and businesses are feeling the pinch. We are paying the price
for decades of extra taxes, poor energy policy, curtailed exploration
and a lack of new refineries.
The Nation needs to take a new approach to our energy problems. We
need to break our dependency on foreign sources of oil, which leaves us
at the mercy of foreign powers. To do that, we should increase domestic
energy production.
My bill, H.R. 4761, gives States control over the waters off their
shores and encourages them to increase energy exploration by giving
them a share of the revenues generated.
We should increase our development of alternative fuels, taking
advantage of renewable resources, like using corn and sugar to produce
ethanol or soybeans to produce biodiesel.
Finally, we should help developing nations like China and India curb
their exponentially increasing consumption of oil and natural gas,
which is driving world prices higher.
India, in particular, is looking to develop nuclear power for
domestic, commercial use, and we should work with them. This is a good
deal for both countries. India develops its own self-sustaining nuclear
power sources, which will limit their need for oil and natural gas. We
get a reduction in the demand for world energy, lowering prices in the
process.
Clearly, the energy problems facing us are too big to use yesterday's
thinking.
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