3:41:51 to 3:42:03( Edit History Discussion )

Patrick T. McHenry: have a bill saying the president should file a complaint against the opec countries in the w.t.o. the bush administration in fact is now investigating collusion by opec. they still haven't filed

3:42:03 to 3:42:15( Edit History Discussion )

Patrick T. McHenry: the complaint in the w.t.o. so the bush administration has taken a step that the gentleman from illinois opposed. invest igating collusion which is gouging consumers. we need a new energy future.

3:42:31 to 3:42:42( Edit History Discussion )

Patrick T. McHenry: say because of the enron loophole, remember ken boye, he might be dead but his memory lives on at about 50 cents a gallon for the american people. one of the president's best buddies got a special

3:42:54 to 3:43:09( Edit History Discussion )

Patrick T. McHenry: tell us probably 50 cents on every gallon, 50 cents on every gallon today, you want to give immediate relief, reregulate the commodities market. you're not regulating the price of gas you're just saying

3:43:20 to 3:43:34( Edit History Discussion )

Patrick T. McHenry: trading back to that market that existed before 2000. you could save tomorrow 50 cents a gallon. now you can talk about anwr. he talks about it with great certainly. i've been sitting in on debates

3:43:42 to 3:44:03( Edit History Discussion )

Patrick T. McHenry: interesting. and how much revenue it would bring. even more interesting. since right now oil from alaska can and is being exported from the united states of america. i guess he's worried about the

3:44:12 to 3:44:25( Edit History Discussion )

Patrick T. McHenry: drive them to make that investment, but the gentleman doesn't support that legislation either which i've introduced. so we're hearing a lot of talk on that side of the aisle. because the republicans

3:44:40 to 3:44:54( Edit History Discussion )

Patrick T. McHenry: vice president's mansion by this industry and this industry is kind of unpopular right now so they want to pretent they it it -- pretend they want to do something. let's bring it closer in.

3:45:24 to 3:45:41( Edit History Discussion )

Peter A. DeFazio: who have leased that preserve? none. not one. not a single one. so, if the need is to get more production going ialaska, how about they drill the wells in the naval petroleum reserve where

3:45:59 to 3:46:13( Edit History Discussion )

Peter A. DeFazio: so there's a heck of a lot of stuff, as i said earlif,er in my 45-second response, regretted i didn't have time to yield to the gentleman, he's not here now, i would have given him 30 seconds.

3:46:25 to 3:46:44( Edit History Discussion )

Peter A. DeFazio: federal leases in illinois for oil exploration. these are off the coast where 80% of the supply is accessible through existing leases, the industry just hasn't seen fit to develop it. why

3:46:58 to 3:47:08( Edit History Discussion )

Peter A. DeFazio: they're extorting the american people. they're extorting through collusion with opec. they're extorting through speculation in the energy markets and they're extorting by with holding theirrilling

3:47:21 to 3:47:34( Edit History Discussion )

Peter A. DeFazio: about all the revenues that could be realized when right now royalty-free oil is flowing out of the gulf because of a bureaucratic error and he doesn't want to fix that problem because he thinks the oil

3:47:50 to 3:48:03( Edit History Discussion )

Peter A. DeFazio: the speaker pro tempore: the gentleman from texas. mr. hall: i yield the gentleman from utah, mr. bishop, three minutes. the speaker pro tempore: the gentleman from utah is recognized for

3:48:16 to 3:48:27( Edit History Discussion )

Patrick T. McHenry: can apply here. but one statement was dead-on accurate. that what we are talking about here in this part of the discussion deals with how real people are impacted in their daily lives.

3:48:39 to 3:48:49( Edit History Discussion )

Patrick T. McHenry: heat their homes and how they keep their jobs. for every dollar that there is an increase in oil prices and gasoline prices it simply means that jobs are lost. that revenue does not flow here.

3:49:04 to 3:49:16( Edit History Discussion )

Patrick T. McHenry: a middle-income person has to spenden to increased energy consumption, that's -- spend on increased energy consumption, that's a luxury that they can't expend on tuna cass role. if you're parishioner

3:49:27 to 3:49:42( Edit History Discussion )

Peter A. DeFazio: locked up than other nations have in their entire countries. that's the concept that is here. and yet we always come back to picky little reasons why we can't develop the source, renew

3:49:54 to 3:50:09( Edit History Discussion )

Ralph M. Hall: because it offends somebody. we can't have wind mills off the coast of massachusetts. it doesn't look right. we can't drill off the coast of florida because it might offend the tourists sw somewhere.

3:50:09 to 3:50:22( Edit History Discussion )

Ralph M. Hall: we all have picky little reasons on why you can't do it and the net product is, we harm our own people because we don't have a policy that provides a positive reinforced policy, a strong

3:50:38 to 3:50:51( Edit History Discussion )

Ralph M. Hall: with real people. we're also dealing with the security of this country. earlier on this floor they talked about an element of section 526 that was passed in an energy bill which had the

3:51:04 to 3:51:15( Edit History Discussion )

Ralph M. Hall: a year for petroleum for our military. today we're locking about $12 billion a year. we cannot do that any longer. those are the issues we have to have. we have to realize that what we're talking

3:51:30 to 3:51:44( Edit History Discussion )

Eddie Bernice Johnson: recognized for an additional 30 seconds. mr. bishop: who we are hurting are real people and those people in the middle incomes appear those people who are on the edges of our society and those

3:51:44 to 3:51:58( Edit History Discussion )

Eddie Bernice Johnson: people on fixed incomes which is about 45 million americans, those are the ones who get hurt first. and the more we talk about the philosophy of what should or should not be done and the

3:52:12 to 3:52:27( Edit History Discussion )

Eddie Bernice Johnson: that's when we decide to try and help people. i thank the speaker for his indulgences. the speaker pro tempore: the gentleman yields back the balance of his time. the gentlelady from texas. ms. johnson:

3:52:40 to 3:52:54( Edit History Discussion )

Eddie Bernice Johnson: speaker, i yield the gentleman from north carolina, mr. mchenry, three minutes. the speaker pro tempore: the gentleman is recognized. hall how much time do i have, sir? the speaker pro tempore: seven

3:53:06 to 3:53:18( Edit History Discussion )

Eddie Bernice Johnson: on the house floor today should be about gas prices. that is the substance of what wee should be talking about as a people, because i know my constituents are talnsking about it. they

3:53:29 to 3:53:45( Edit History Discussion )

Eddie Bernice Johnson: more math and science students, that's well and good. but what we should be talk being right now is how we're going to become energy-independent as americans. how we use american resources,

3:53:57 to 3:54:10( Edit History Discussion )

Eddie Bernice Johnson: irrespoirnsible. you know, one answer that they say is conservation. that's what some on the other r side of the aisle say is the ai answer. and you know, conservation is a sign of personal virtue.

3:54:25 to 3:54:36( Edit History Discussion )

Eddie Bernice Johnson: to become energy independent. we have vast resources, whether it's oil shale in the rocky mountain west, whether it's tar sands in our neighboring canada. in order to harvest oil out of oi those

3:54:47 to 3:55:05( Edit History Discussion )

Eddie Bernice Johnson: solution, an america that relies on its own ingenuity and innovation, not beholden to b the saudi royal family. and i call on this congress to act, to stream line the regulation process so we can get new

3:55:18 to 3:55:31( Edit History Discussion )

Eddie Bernice Johnson: need and desire and my constituents in western north carolina demand h action when it comes to lowering gas prices and this congress can dhio something soabout it. but we have to open up

3:55:43 to 3:55:56( Edit History Discussion )

Ralph M. Hall: and with that i yield back the balance of my time. the speaker pro tempore: the gentleman yields back the balance of his time. the gentlelady from texas. ms. johnson: mr. speaker, may i inquire

3:55:56 to 3:56:15( Edit History Discussion )

Ralph M. Hall: how much time we have left? the speaker pro tempore: the gentlelady has three minutes. ms. johnson: i'd like to yield 2 1/2 minutes to mr. defazio to respond to the last presenter. the speaker pro

3:56:26 to 3:56:41( Edit History Discussion )

Ralph M. Hall: why the repubcans created loopholes in energy trading so that enron could get rich -- well, they went bankrupt, actually -- others could speculate in the market, driving gas up 50 cents

3:56:51 to 3:57:07( Edit History Discussion )

Ralph M. Hall: bush let to offer any oil company build a refinery on a closed military base. how many takers did he get? big goose egg. zero, none. what did the head of exxonmobil say two weeks ago, we're

3:57:25 to 3:57:45( Edit History Discussion )

Ralph M. Hall: the price. it's yet another excuse to drive up the price. so they don't want to build refineries and give relief to the american consumers. they don't want to give the -- to stop the speculation

3:57:59 to 3:58:12( Edit History Discussion )

Ralph M. Hall: anybody else in the world, except the one company that drilled the one proprietary well 25 years ago. they are the only person that knows if there is or isn't anything there. we do know under

3:58:25 to 3:58:44( Edit History Discussion )

Ralph M. Hall: leased that to the oil industry because they were talking about the need for new places to drill. bill clinton has been gone 7 1/2 years. how many producing wells are there in the naval petroleum

3:59:02 to 3:59:15( Edit History Discussion )

Ralph M. Hall: pro tempore: the gentleman's time has expired. the gentleman from tegexas. mr. hall: mr. speaker, i yield to the gentleman from north carolina, . mchenry, one minute. the speaker pro

3:59:29 to 3:59:43( Edit History Discussion )

Ralph M. Hall: rewriting history here. instead of complaining about the problem, we're offering solutions. i'm proud i'm part of the solution. and at that solution is to hold to the oil companies accountable.

3:59:52 to 4:00:04( Edit History Discussion )

Ralph M. Hall: that this congress supports, the trial lawyers thas well, the extreme environmental community that fund the left and my colleagues on the left. o they're all about shutting down new

4:00:17 to 4:00:32( Edit History Discussion )

Eddie Bernice Johnson: we need more supply of energy, and that will bring prices lower. not this rewriting the history that my colleague just issued. the speaker pro tempore: the gentleman yields back the balance

4:00:43 to 4:01:01( Edit History Discussion )

Eddie Bernice Johnson: seconds. mr. defazio: i thank the gentlelady. first off, it was the head of exxonmobil, the most profitable industry in the history of the world who said he has no intention of building a refinery.

4:01:14 to 4:01:22( Edit History Discussion )

of oil companies have said the same thing. they didn't want to put it on closed military bases. that's not the issue. come on, don't try that uff. the speaker pro tempore: the gentleman's time

4:01:48 to 4:02:00( Edit History Discussion )

Susan Collins: less. you just take these two, though, out of that thousand. i don't know how many he has left. but we talk about who's furnishing fossil fuels and who's furnishing nuclear energy, who's furnishing