[Congressional Record (Bound Edition), Volume 151 (2005), Part 19]
[House]
[Page 25300]
[From the U.S. Government Publishing Office, www.gpo.gov]




                        GOP DOUBLETALK ON ENERGY

  (Mr. EMANUEL asked and was given permission to address the House for 
1 minute.)
  Mr. EMANUEL. Mr. Speaker, tomorrow some of the biggest names in the 
oil industry are coming to Capitol Hill to testify on why their 
companies are making record profits at the same time American families 
are struggling to heat their homes.
  We are hearing some really big talk from Republicans. Why, if you 
were Rip Van Winkle, you might actually believe the Republicans were 
trying to do something about gas prices. Yet the tune they are singing 
now is really different from the tune they were singing back in the 
summer when they passed the energy bill. Back then, they were singing 
from the energy industry's hymn book.
  The fact is, thanks to a Republican-backed energy bill loaded with 
taxpayer subsidies to big oil to the tune of $14 billion, American 
families are struggling with sky-high energy bills and oil companies 
are struggling for ways to count their cash.
  Just an example: ExxonMobil recently reported that their profits 
increased by 75 percent in the third quarter, and so what do we do? We 
give them $14 billion as taxpayer subsidies to help them run their 
business plan.
  Americans are seeing a Congress that has done nothing to help them 
and do everything to help the oil companies.
  Mr. Speaker, it is wrong to hand out money to energy companies who 
are making record massive profits and then cut funding for home heating 
assistance to our elderly. We need a change. We need new priorities. 
America can do better.

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