[Congressional Record (Bound Edition), Volume 152 (2006), Part 18]
[House]
[Page 22818]
[From the U.S. Government Publishing Office, www.gpo.gov]




                      DEVELOP NEW ENERGY SOLUTIONS

  (Mr. MILLER of North Carolina asked and was given permission to 
address the House for 1 minute.)
  Mr. MILLER of North Carolina. Mr. Speaker, the Republican solution to 
our energy needs is to drill anywhere no matter what. We desperately 
need to develop new energy technologies, but those efforts have been 
minuscule. Instead the Republican Congress has given massive tax breaks 
to all companies, as if they need any more incentive.
  The profits of the five largest oil companies in America, ExxonMobil, 
Chevron, Texaco, Conoco, Phillips, BP and Shell, were $342.4 billion in 
just the first quarter of this year. Next year, those companies are 
going to have some explaining to do. In the first 100 hours of the new 
Congress, we are going to take the tax breaks and subsidies that this 
Congress has thrown at oil companies and invest them instead in the new 
energy technologies that are the real solution to our energy needs.
  Mr. Speaker, a real energy agenda is coming.
  Mr. Speaker, it is unfortunate that Ms. Pryce of Ohio apparently does 
not bet on college basketball.

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