[Congressional Record Volume 158, Number 37 (Wednesday, March 7, 2012)]
[House]
[Pages H1264-H1265]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
GAS PRICES
(Mr. CRAWFORD asked and was given permission to address the House for
1 minute.)
Mr. CRAWFORD. Mr. Speaker, as of today, the price for a gallon of
regular gasoline in my hometown of Jonesboro, Arkansas, is $3.55. Just
a year ago, that same gallon of regular gasoline would have cost $2.96.
We've all heard the news reports that gas could hit a record of $5 a
gallon this summer. The rising cost of gas not only affects my
constituents at the pump, it will also drive up the cost of good and
services.
Congress can lower gas prices. We can require approval of the
Keystone XL pipeline within 30 days. President Obama's rejection of the
Keystone project will hit working families at the pump this summer. The
American West is primed for oil shale development to provide oil and
natural gas. The U.S. Geological Survey estimates we have the
equivalent of more than 1.5 trillion barrels of oil in Colorado, Utah,
and Wyoming. That's enough to provide the United States with energy for
200 years.
The Obama administration recently announced plans to restrict
offshore drilling. After the BP oil spill, strict regulations were put
in place to allow
[[Page H1265]]
for safe, responsible drilling. Now we need the Obama administration to
lift the ban on drilling.
We are blessed to live in a land with abundant natural resources. We
need a Federal Government that will get out of the way so that we can
develop those resources. Not only will these projects help American
families meet our energy needs, they will also help create thousands of
jobs in the process.
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