[Congressional Record (Bound Edition), Volume 154 (2008), Part 10]
[House]
[Page 14424]
[From the U.S. Government Publishing Office, www.gpo.gov]




                         A FEW FACTS ON ENERGY

  (Mr. WILSON of South Carolina asked and was given permission to 
address the House for 1 minute and to revise and extend his remarks.)
  Mr. WILSON of South Carolina. Mr. Speaker, here are a few facts on 
energy I would like to share. America currently has an estimated 175 
trillion cubic feet of natural gas and 1.1 trillion barrels of oil that 
is off-limits to exploration. In ANWR alone, there is an estimated 10.4 
billion barrels of oil. Currently 85 percent of the lower 48 Outer 
Continental Shelf energy resources remain under the lock and key of the 
Federal Government. Only 6 percent of the 700 million acres of 
federally owned subsurface mineral estate has been leased for oil and 
glass exploration.
  The estimated Federal revenue that would be generated by opening up 
these lands that are currently off-limits to leasing is upwards of $60 
trillion. Americans support exploring for these resources and breaking 
America's dependence on foreign oil. The American people are demanding 
Congress take action. That is why House Republicans will continue to 
fight for an all-of-the-above energy plan that will produce more 
American-made energy while investing in alternative fuels and promoting 
conservation.
  In conclusion, God bless our troops, and we will never forget 
September the 11th.

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