[Congressional Record (Bound Edition), Volume 154 (2008), Part 9]
[House]
[Page 12746]
[From the U.S. Government Publishing Office, www.gpo.gov]




                 INCREASING SUPPLY TO LOWER GAS PRICES

  (Mr. SHIMKUS asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. SHIMKUS. Mr. Speaker, it is really simple: If you want to help 
rural small town poor individuals in this country, we have to get the 
price of gas down. Here is the problem: January 2001, the price of a 
barrel of crude oil was $23. When this majority came in, it was $58. 
Now it is $134. What does that translate into? From $1.45 to $2.23 to 
$4.07. Add climate change, 50 cents additional. $4.55, if you calculate 
climate change.
  What is the solution? The solution is all of the above. Outer 
Continental Shelf exploration and recovery, coal-to-liquid 
technologies, solar and wind, renewable fuels. We need to do all the 
above, and you all need to help us.
  We need to bring a bill to the floor that brings on more supply. We 
are willing to work with you. More supply is the only thing that we can 
do to bring down the cost of fuel which will help middle- and low-
income Americans. We ask you to join us.

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