[Congressional Record Volume 154, Number 83 (Tuesday, May 20, 2008)]
[House]
[Page H4290]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
ENERGY PRODUCTION IN OUR COUNTRY
The SPEAKER pro tempore. Under a previous order of the House, the
gentleman from Georgia (Mr. Broun) is recognized for 5 minutes.
Mr. BROUN of Georgia. Energy is the lifeblood of the American
economy. Our economic prosperity is closely tied to the availability of
reliable and affordable supplies of energy. Unfortunately, U.S. energy
production has grown only 13 percent, while energy consumption has
grown by 30 percent since 1973.
Instead of traveling to spend time with loved ones, record gas prices
will keep many Americans home this Memorial Day. Gas prices are now
over $1.46 higher nationally than when Speaker Pelosi took over, and
will shortly be over $4 a gallon. These high prices are forcing many to
choose between taking a vacation or paying bills.
It should come as no shock to anyone that AAA predicts that the
percentage of Americans traveling more than 50 miles from home over
this holiday weekend will fall by nearly 1 percent from last year. That
one percent represents hundreds of thousands of families.
Skyrocketing gas prices and a risky dependence on fuel supplied by
volatile foreign nations highlight our need for an American energy
policy that emphasizes production and decreases our reliance upon
Middle Eastern oil.
Many here in Congress bemoan America's addiction to foreign oil, yet
they refuse to allow access to American oil and gas supplies that are
necessary to cure this addiction. America has been blessed with
abundant natural resources and we should not be hesitant to tap into
them, especially at a time when energy prices are soaring so high and
are climbing higher.
The Outer Continental Shelf is estimated to contain 19 billion
barrels of oil and 84 trillion cubic feet of natural gas. Alaska's ANWR
is estimated to contain between 5.7 and 16 billion barrels of oil. What
do these two areas share in common? They are both off limits to any
development. At the same time, China is fixing to tap into our natural
gas resources off the coast of Florida by 45 to 50 miles, and we can't
do it ourselves. Not even 100 or 200 miles off shore.
Developing American oil and gas on these lands will help bring the
price down and help break the stranglehold on energy that hostile
countries in the Middle East enjoy. This can be done in an
environmentally sound manner and should be implemented immediately.
What is the opposition's solution to this national emergency? How
about raising the Federal tax on gasoline by 50 cents a gallon, on top
of an already existing Federal tax of 18.4 cents per gallon and
increasing the tax on diesel fuel by 24.4 cents per gallon. Gasoline is
not taxed too little. It is taxed too much. With economic disruptions
caused by the current high price of gasoline, Congress should
vigorously oppose any efforts to increase fuel taxes and instead reduce
or eliminate the already existing Federal fuel taxes.
Environmental groups haven't allowed a new oil refinery to be built
in the United States in decades. It does little good to increase our
use of domestic supplies of oil if we do not have the refinery capacity
to quickly convert our crude oil into a usable form. Members on both
sides of the aisle need to stand up to these fringe groups and
implement policies that encourage construction of new refineries in the
United States.
Many Americans are feeling the financial hardship this Memorial
weekend of record high gasoline prices and will choose not to travel.
Our energy problems were not created overnight, and will not be solved
overnight. Congress just act swiftly to address this growing energy
crisis. America's energy policy must make us stronger and less reliant
on countries hostile to freedom.
Passing any so-called ``energy'' bill that fails to produce even one
single kilowatt of new energy, or produce a gallon of gas, is not the
solution. We must pass legislation that will allow for responsible use
of our known American supplies of energy that reduce excessive and
burdensome environmental policies and encourage the development of
alternative forms of energy, such as nuclear power, that has proven to
be incredibly safe and a successful source of energy.
I stand ready to do so, and encourage my colleagues to do the same.
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