[Congressional Record Volume 157, Number 92 (Friday, June 24, 2011)]
[House]
[Page H4565]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
TAPPING THE STRATEGIC PETROLEUM RESERVE
(Mr. SCALISE asked and was given permission to address the House for
1 minute.)
Mr. SCALISE. Mr. Speaker, yesterday the President made a decision to
raid 30 million barrels out of the Strategic Petroleum Reserve. Now, of
course one thing the President did yesterday in that decision was he
acknowledged that supply has an impact on price, which is a reversal of
his previous statement.
The problem is rather than actually opening up known reserves of
American oil where we can go and create tens of thousands of American
jobs and get rid of some of this dependency on some of these Middle
Eastern countries, what the President said instead was he's just going
to go and raid America's, in essence, our safety net.
This Strategic Petroleum Reserve is there for national emergencies.
It's not there just because maybe the President feels it would be
politically popular for a couple of days to do something. This doesn't
even get us past 2 days' worth of America's supply.
We have known reserves that this President is shutting off all across
this country. And we can actually reduce our dependence on Middle
Eastern oil if we go out and create those jobs, create that American
energy, rather than raiding our savings account for oil.
And so the President's decision was a failed policy that doubles down
on his previous failed policy on energy that has gotten us to
skyrocketing gas prices. And of course we're going to be back here
again in just a couple of days when this short-term fix runs out.
Instead, we should put a real energy policy in place that reduces our
dependence on foreign oil.
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