[Congressional Record Volume 152, Number 56 (Wednesday, May 10, 2006)]
[House]
[Page H2342]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




              GAS PRICES DIRECT RESULT OF FAILED POLICIES

  (Mr. MORAN of Virginia asked and was given permission to address the 
House for 1 minute and to revise and extend his remarks.)
  Mr. MORAN of Virginia. Mr. Speaker, today's record gas prices are the 
direct result of 5 years of failed policies by the Bush administration 
and this Republican Congress.
  We seem to be more interested in giving still more tax breaks to oil 
executives than providing real relief to American consumers. Rather 
than proposing policies that would aggressively confront our energy 
challenges, Republicans are once again pushing to drill in ANWR. They 
neglect to say that drilling in ANWR would not be possible for another 
decade and would only provide about 6 months of oil for the American 
consumer.
  House Republicans are also suggesting waiving environmental laws to 
encourage new refinery construction. But all of the major oil companies 
have already testified that environmental laws are not what is 
preventing them from building more refineries. It is more personally 
profitable to pay out lower-taxed-dividends than invest retained 
earnings in refineries.
  So along with the silly $100 rebate, this is another proposal from 
House Republicans that will do nothing to reduce prices at the pump 
today. But the American consumer is beginning to realize it is time to 
try something new. It is time for a change in leadership.

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