[Congressional Record Volume 168, Number 74 (Wednesday, May 4, 2022)]
[Senate]
[Pages S2296-S2297]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
Energy
Mr. BARRASSO. Mr. President, I come to the floor today to talk about
the need that we have here in this country for more energy--and
specifically, more American energy.
On Thursday, Leader Schumer and Nancy Pelosi held a press conference,
and they announced they had finally come up with an energy plan. After
nearly a year--a year of Joe Biden's energy crisis where he killed the
Keystone XL Pipeline, struck down leasing--it is good to see they
finally have a plan.
It turns out this official Democrat energy plan is not going to
create one more drop of American energy. So what will the plan do?
Well, if you look at it, you will see it sends bureaucrats--unelected,
unaccountable, heavy-handed bureaucrats--to shake down energy
companies. Instead of producing more American energy, they want more
Federal investigations into American energy.
It won't lower the price of energy--no, not by a single penny. If
anything, it might actually increase energy costs across our country.
People in Wyoming this past weekend were paying $4 a gallon for
gasoline. It doesn't take a Federal investigation to figure out what is
wrong here with energy in America. We know why prices are up: supply
and demand. Very simple. Demand for energy is up, and supply is not.
Supply is actually down.
Yet, after a year of high prices, Democrats still refuse to admit it,
ignoring inflation, not facing the facts that we have the American
energy in the ground here and they won't let us get it out.
But now the Democrats are coming up with election-year conspiracy
theories. They say high prices aren't happening because of the law of
economics. They are saying it is happening because of secret backroom
deals. Democrats claim it is an international conspiracy rigged by a
global oil market.
[[Page S2297]]
Instead of producing American energy, Democrats want to produce
excuses, one after another.
At the Democrat press conference, the majority leader said: ``The
American people didn't send us here to point fingers and blame each
other.'' They ought to point fingers at themselves. That is exactly
what the Democrat leader and the President have done for the last 15
months since the day Joe Biden took office. They blamed inflation on
coronavirus, then they blamed it on economic growth, then they blamed
it on corporations, they blamed it on ports and shipping companies,
they blamed it on Vladimir Putin, everyone except themselves who are
the cause of the problem.
They will blame anyone, as long as they don't have to change their
radical and reckless policies. But they won't deal with the problem.
Right now, Democrats basically point to the fact that they are
determined to give the American people more of the same, and it is the
same things that have brought Joe Biden's approval numbers to an
alltime low--on the inflation, on economy, on the cost of energy--
alltime historic lows, for a President who should know better but is
following the lead of the liberal radical left.
So people are going to be facing more inflation, more high energy
costs. And it now costs so much to fill up a tank of gasoline; it is
over a hundred dollars to fill up, and I saw that repeatedly across
Wyoming last weekend.
This is the same level of anxiety for hard-working families at the
end of every month when the paychecks don't keep up. On Sunday, just
this past Sunday, the cost of diesel hit an alltime high. Not just a
40-year high like we have for inflation, an alltime high for diesel
fuel.
Diesel prices have doubled since Joe Biden took office. Higher diesel
prices means it will cost more to transport goods to market. Food
prices are up; everything that one buys at the market is up. No matter
how bad it gets, Democrats refuse to change course.
Joe Biden continues to attack American energy and American energy
workers. Right now, Joe Biden's administration are blocking oil and gas
leases at 80 percent of the available Federal lands. There are
thousands of drilling requests that are in limbo, which is where Joe
Biden has put them.
He has done everything possible, you would think, to undermine
investment in American energy. Told the banks, don't lend. Told
businesses, don't invest. An attack on direct--on jobs and affordable
energy.
If Democrats were really serious about lowering energy prices, they
would stop their war on American energy. We need to unleash American
energy, not keep it in the ground. Look, Democrats remain the party of
higher costs, the party of expensive regulations, the party of high
taxes, and the party of greater reliance on foreign countries.
Working families cannot afford the Democratic agenda. People feel
stuck or stressed. They are squeezed by inflation. They are squeezed by
high energy prices. They have to make decisions about how they drive
and how they eat and what they eat and how they live.
The Democratic policies have brought us all of this. We need to
replace the Democratic policies; and come November, we are going to
replace the Democrats in the House and in the Senate.
I yield the floor.
The ACTING PRESIDENT pro tempore. The Senator from Pennsylvania.
Mr. CASEY. I ask unanimous consent to speak as if in morning
business.
The ACTING PRESIDING OFFICER. Without objection, it is so ordered.