[Congressional Record Volume 154, Number 97 (Thursday, June 12, 2008)]
[House]
[Page H5332]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                      THE LAW OF SUPPLY AND DEMAND

  (Mr. CALVERT asked and was given permission to address the House for 
1 minute.)
  Mr. CALVERT. Madam Speaker, 2 years ago, my colleagues on the other 
side of the aisle told the American people they had a commonsense plan 
to bring down gas prices. Unfortunately, we still haven't seen this 
commonsense plan, so I would like to offer my own.
  This is a drill bit. The drill bit goes into the ground. Oil comes 
out of the ground. Oil goes to a refinery. Gasoline comes out of the 
refinery. More gas, price comes down.
  Let me repeat that for those on the other side who seem not able to 
understand that.
  This is a drill bit. The drill goes down into the ground. Oil comes 
out of the ground. Oil goes to the refinery. Gasoline comes out of the 
refinery. More gas, price comes down.

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