[Congressional Record Volume 157, Number 59 (Wednesday, May 4, 2011)]
[House]
[Page H3008]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
OUR DEPENDENCE ON FOREIGN OIL
The SPEAKER pro tempore. The Chair recognizes the gentleman from
Illinois (Mr. Quigley) for 5 minutes.
Mr. QUIGLEY. Mr. Speaker, in the great debate over oil and gas
prices, there are actually many things we can all agree on. We agree
our dependence on foreign oil endangers our environment, hurts our
economy, and weakens our national security. Our disagreement lies in
potential solutions.
I believe that in order to lower gas prices, we can and must crack
down on oil speculators, end Big Oil handouts, invest in public transit
and electric vehicles, and increase corporate average fuel economy
standards. The other side of the argument would have you believe that
all we need to do is increase our domestic oil resources and remove
regulations--regulations that purportedly forced us to look outside our
Nation's borders for oil.
Our answers do not lie in more oil. Our answers lie in conservation
and smart investments.
Talk about smart investment--every increase of 1 mile per gallon in
auto fuel efficiency yields more oil than can be found in two Arctic
National Wildlife Refuges. An improvement right now of 2.7 miles per
gallon would eliminate our need for all Persian Gulf oil.
But it's not a question of simple domestic supply and demand either,
another argument the other side of this issue will use. Oil prices are
set on a global oil market. Historically, such small increases in U.S.
production have had little or no impact on world oil prices.
The U.S. Energy Information Administration, or EIA, states in a 2008
report that Arctic Refuge oil production ``is not expected to have a
large impact on world oil prices,'' noting that OPEC ``could neutralize
any potential price impact of ANWR coastal plain production by reducing
its exports by an equal amount.''
Again, our answer does not lie in increased domestic oil production.
Our answer lies in conservation and in a solid commitment to investment
in renewable energy resources.
Recent increases in conservation and use of alternative technologies
has cut our Nation's projected need for imported oil between now and
2050 by more than 100 billion barrels. That's 10 times more benefit
that we might be able to get during the same period from the Arctic
National Wildlife Refuge, without sacrificing one of our Nation's most
valued wilderness ecosystems.
In the past few years, we've taken small steps to focus on
conservation rather than production. In late 2007, corporate average
fuel standards, commonly known as CAFE standards, received their first
overhaul in more than 30 years. This was a huge step in the right
direction, but there remains much work to do.
The bills we will consider in the coming week will endanger our
environment, hurt our economy, and weaken our national security. It
seems to me these are the very same concerns we have with an
overarching reliance and addiction to foreign oil.
H.R. 1229 and H.R. 1230 supplant our national environmental policies,
tell residents along our coasts we don't care how they feel about
drilling in their waters, damage the ecosystems the industries along
our coasts rely on, and go against what military experts have been
saying about drilling.
Just weeks ago, several former military officers shared their
thoughts and concern. ``America's dependence on oil constitutes a clear
and present danger to the security and welfare of the United States.''
And they continue to say they are concerned with congressional efforts
to undermine the agencies charged with overseeing extraction. What they
are saying is it's important to reduce our dependence on foreign oil
for our national security's sake, and it's important to retain
regulatory authority to oversee drilling and extraction of oil and gas.
Then, you follow that it's important to regulate our extraction in
order to protect our Nation.
These bills do not offer solutions. And what is worse, a full year
following the disaster of the Macondo/Deepwater well, we have yet to
reform our Outer Continental Shelf policy. But, again, you don't need
to take my word for it.
The U.S. Energy Information Administration put out a 2009 report
comparing the difference between full, unrestricted offshore drilling
and restricted offshore drilling. EIA found that in 2020, restrictions
on drilling versus unrestricted access had no impact on cost. The cost
per barrel was identical. In 2030, indiscriminate drilling would lower
our gas prices by just 3 cents.
Take the calls for drilling in the Arctic Refuge as another example.
Even at peak production in 2030, Arctic Refuge oil would account for
six-tenths of 1 percent of world oil production and only 2.4 percent of
U.S. oil consumption.
We can proactively move our Nation toward reducing our dependence on
foreign oil so that we can take control of our energy future, protect
our Nation, our economy, and our environment. And we must.
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