[Congressional Record Volume 154, Number 95 (Tuesday, June 10, 2008)]
[House]
[Page H5115]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
THE CURE FOR PUMP PANIC
(Mr. POE asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. POE. Madam Speaker, with all the gloom, doom and despair about
the high gasoline prices, there is a remedy to this pessimistic pump
panic. Before we start passing out bicycles to the multitudes or start
going to Dr. Phil for therapy, we can and should obtain more crude oil
here in America. Crude oil will still be the driving energy of this
Nation for the foreseeable future until we find some alternative. And
we don't need to line the pockets of OPEC and Third World dictators by
begging them for more crude. We already give them $425 million a day!
The U.S. Geological Survey has released a report that says the
``sweet crude'' oil find in the Williston-Bakken Basin is larger than
first believed. It is enormous. According to the report, it is over 500
billion barrels, and it is located in the Dakotas. It is 15 times
larger than the oil in the Alaskan North Slope.
America needs to take care of America. We need to remove the silly
restrictions that prohibit drilling. We need to drill in the Badlands
of the Dakotas; remove the offshore drilling ban; drill in Alaska; and
we can cure this pump panic disease.
And that's just the way it is.
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