[Congressional Record (Bound Edition), Volume 152 (2006), Part 11]
[House]
[Page 15466]
[From the U.S. Government Publishing Office, www.gpo.gov]




               ALLEVIATING THE PROBLEM OF HIGH GAS PRICES

  (Ms. FOXX asked and was given permission to address the House for 1 
minute and to revise and extend her remarks.)
  Ms. FOXX. Mr. Speaker, I rise today to address a problem that faces 
all Americans: skyrocketing gas prices. The cost for an average 
American to fill up his or her car has been rising steadily over the 
past 3 months, and the price of a barrel of oil hit a record high 2 
weeks ago.
  It is absolutely crucial that we build up our own domestic supply of 
oil in order to decrease our dependence on foreign-born fossil fuels. 
Drilling off the Outer Continental Shelf and opening the ANWR to oil 
exploration are two Republican initiatives for strengthening our 
domestic supply.
  In addition, Republicans have supported tax credits for the 
production and use of ethanol and biodiesel. We have also offered 
incentives for increased refinery capacity and have created stiffer 
penalties for price gouging at the pump.
  Mr. Speaker, I remain absolutely committed to working with my 
colleagues on both sides of the aisle to alleviate the problems of high 
gas prices and our utter dependence on foreign oil.

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