[Congressional Record Volume 154, Number 31 (Tuesday, February 26, 2008)]
[House]
[Page H1036]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
ENERGY
(Ms. FALLIN asked and was given permission to address the House for 1
minute.)
Ms. FALLIN. Mr. Speaker, the energy problems facing our Nation are
obvious: Our economy suffers from out-of-control gasoline prices while
national security remains at risk from an overreliance on foreign oil.
Immediately increasing the amount of energy produced on U.S. soil is
the first step to addressing both of these issues.
Rather than pursue a commonsense solution, the House Democrats are
once again proposing billions of dollars in punitive tax increases on
American oil companies. Heavily taxing oil and gas will discourage
exploration and production, and that is exactly what we don't need to
do. It will drive up the cost at pumps for consumers and further reduce
the incentives for domestic production of oil and gas.
This week marks the third time this year that House Democrats have
tried to enact an energy policy that would hurt American families and
businesses, increase our reliance on foreign energy sources, and put
the long-term energy needs of the United States at risk.
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