[Congressional Record Volume 154, Number 101 (Wednesday, June 18, 2008)]
[House]
[Page H5550]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
[[Page H5550]]
RESEARCH BEFORE DRILLING
(Mr. BURTON of Indiana asked and was given permission to address the
House for 1 minute.)
Mr. BURTON of Indiana. Madam Speaker, let me just say to the young
lady who just spoke in the well, the new Representative, that if you
are going to drill you have to have a geological study done that shows
that there is oil there. Those leases are 5 to 10 years, and if there
is no oil there, they are not going to put up a derrick.
On the Continental Shelf, they have to do seismic studies to make
sure there is oil down there. If they think there is oil down there,
they drill a test well. If there is not enough oil down there, they are
not going to build a $2 billion derrick. Those platforms cost as much
as $2 billion.
Unless it's profitable, they are not going to drill there. They have
to drill where they know there is oil. That's why we need to expand
beyond the 3 percent of the Continental Shelf we are talking about and
get the other 97 percent involved. If we did that and they got those
leases, we could become energy independent.
Drilling in the ANWR, which is the size of Dulles Airport, is not
ecologically dangerous. We should go ahead and drill there and get the
oil. We could get 1 to 2 million barrels of oil a day.
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