[Congressional Record (Bound Edition), Volume 154 (2008), Part 9]
[House]
[Page 12638]
[From the U.S. Government Publishing Office, www.gpo.gov]




                WE NEED TO DRILL FOR OIL HERE IN AMERICA

  (Mr. BURTON of Indiana asked and was given permission to address the 
House for 1 minute and to revise and extend his remarks.)
  Mr. BURTON of Indiana. Madam Speaker, you know, one of the things 
that I think everybody in business understands is if you raise the 
taxes on a business, they pass that tax along to the consumer in the 
form of a price increase, cars, no matter what the product is. And in 
this particular case, what we're talking about tonight is oil.
  Senator Obama, who is running for President, says we ought to tax the 
windfall profits of the oil companies. Well, that may be a good idea as 
far as he is concerned, but when you tax the oil companies, they're 
going to pass that on to the consumer in the form of price increases. 
Gas prices are already high enough as it is.
  What we should be doing instead of increasing taxes like that is to 
drill in the United States of America. As my colleagues have just said, 
we have a lot of oil in the ANWR, and the geologists have told us there 
is oil there, as much as 1 million or 2 million barrels of oil a day, 
which could drive the price of gasoline down. And yet, my colleagues on 
the other side of the aisle and Senator Obama continue to say, no, no, 
that's not the answer; raise taxes on the oil companies.
  That isn't going to get us one drop of oil. We need to drill here in 
America.

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