[Congressional Record Volume 154, Number 113 (Thursday, July 10, 2008)]
[House]
[Page H6348]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




    THE THREE E'S TO GAS RELIEF: EXPLORE, ELIMINATE, AND ENCOURAGE 
                              ALTERNATIVES

  (Mr. PERLMUTTER asked and was given permission to address the House 
for 1 minute.)
  Mr. PERLMUTTER. Good morning, Madam Speaker. And you know, I have 
been listening to the complaints by the Republicans about gas prices, 
but with two oil men in the White House, is it any wonder that oil per 
barrel has gone from $30 dollars to almost $150 driving gas prices 
through the roof? The question is, what are we going to do about it? 
And I would say it's the three E's.
  The first ``E'' is explore and extract from the 68 million acres that 
are under lease today in the United States. That's more oil than 
anything up in Alaska or in ANWR. So let's explore and extract.
  The second ``E'' is to eliminate the gouging and the speculating and 
the hoarding that's going on in the marketplace.
  And the third ``E,'' the most important ``E,'' is encourage 
alternatives and efficiency. We cannot be hooked to one commodity 
forever. We've learned our lesson. It's time to pursue alternatives. So 
this democratic Congress is doing just that, those three E's: 
exploring, eliminating, and encouraging alternatives.

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