[Congressional Record Volume 154, Number 112 (Wednesday, July 9, 2008)]
[House]
[Page H6236]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




 CONGRESS WILL CONTINUE TO FIND REAL SOLUTIONS INSTEAD OF CASTING BLAME

  (Mr. ALTMIRE asked and was given permission to address the House for 
1 minute.)
  Mr. ALTMIRE. Mr. Speaker, Congress continues to take action and do 
everything we can to reduce the price of gas at the pump. Because of 
legislation this Congress passed last week, as of last week there are 
over 70,000 more barrels of oil per day every day that are going into 
the market instead of the Strategic Petroleum Reserve. And during the 
last week, the price of oil per barrel went down.
  We also approved legislation that gives U.S. authorities the ability 
to prosecute anti-competitive conduct committed by international 
cartels like OPEC that manipulate the price of oil.
  We passed legislation that would invest in biofuels rather than 
corporate welfare for Big Oil. Energy experts estimate that biofuel 
blends are keeping the price of gas approximately 15 percent lower than 
it would otherwise be right now.
  This Congress has taken action to address the skyrocketing price of 
gas, and we will continue to find real solutions rather than pointing 
fingers and casting blame.

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