[Congressional Record Volume 156, Number 109 (Thursday, July 22, 2010)]
[House]
[Pages H5923-H5924]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                   OIL COMPANIES PLAN TO PROTECT GULF

  (Mr. POE of Texas asked and was given permission to address the House 
for 1 minute.)

[[Page H5924]]

  Mr. POE of Texas. Mr. Speaker, private industry is creating solutions 
to protect the Gulf of Mexico because the government really doesn't 
create anything. Government just stops things from being created like 
jobs.
  ExxonMobil, Chevron, ConocoPhillips, and Shell Oil have announced a 
new coordinated plan. They're building a new emergency oil spill 
containment system to protect the Gulf of Mexico. Their deepwater rapid 
response system will capture and contain oil in a blowout emergency. It 
will be engineered to be used in underwater depths of up to 10,000 feet 
and under different weather conditions as well. The initial capacity 
will contain 100,000 barrels of oil a day.
  These oil industry leaders have committed $1 billion to the initial 
cost. Engineering, procurement, and construction will begin 
immediately. ExxonMobil has taken the lead on behalf of the other 
companies. This is great news for drilling in the Gulf of Mexico. 
American private industry is taking the lead.
  The administration needs to end the moratorium on drilling and get 
out of the way and quit killing jobs in the Gulf of Mexico.
  And that's just the way it is.

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