Senate Proceeding on Jul 31st, 2008 :: 5:48:28 to 6:08:28
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5:27:16 to 5:48:28( Edit History Discussion )
Speech By: Debbie Stabenow

5:48:03 to 5:48:28( Edit History Discussion )

Debbie Stabenow: to take a few minutes today to speak about the state of par rallies sis that we seem to have -- the state of paralysis that we seem to have found ourselves in here on thehe senate floor and also to

5:48:28 to 5:48:40( Edit History Discussion )

James Webb: make a brief comment about two nominations that the senate will be considering. first of all, we are paralyzed, obviously, the other side has voted against windfall profits for oil companies at a time

5:48:28 to 5:51:49( Edit History Discussion )
Speech By: James Webb

5:48:40 to 5:48:52( Edit History Discussion )

James Webb: when we've seen record profits for any oil -- or any company in american history, which has only increased. how do they get these profits? they certainly didn't get it by working working any head.

5:48:52 to 5:49:07( Edit History Discussion )

James Webb: as people have mentioned here on the floor today, it seems like a a lot of production actually has gone down. i don't know how else you define a windfall than what has happened. with the price

5:49:07 to 5:49:23( Edit History Discussion )

James Webb: of oil and the profits that have gone to the oil companies over the past soirks seven years, they will not give you us a vote on the speculation, the rampant speculation that now has taken place

5:49:23 to 5:49:38( Edit History Discussion )

James Webb: in the s peculation markets markets. i would have to say at the out outset that i don't have a fundamental disagreement with a lot of the things that are being said on the republican side about what

5:49:38 to 5:49:58( Edit History Discussion )

James Webb: we need to do. i think we very much need a comprehensive energy strategy in this country. i am not opposed personally to the idea of expanding exploration for oil and for gas, and in those cases

5:49:58 to 5:50:13( Edit History Discussion )

James Webb: where it is appropriate to get down and find the assets that are available to us as a nation and increase our national security. this may not be as, some people say, the answer in the distant future.

5:50:13 to 5:50:29( Edit History Discussion )

James Webb: but it certainly is an essential transition for us as we reach toward that future. i personally support nuclear, expanding nuclear power programs programs. we haven't done this in more than 30 years. there's

5:50:29 to 5:50:42( Edit History Discussion )

James Webb: been ample comment about that on the floor. i think nuclear power is safe. we are the best in the world at it. the experiences of the united states navy at sea for at least a half a century demonstrate

5:50:42 to 5:50:55( Edit History Discussion )

James Webb: that. it's environmentally clean. we've gotten better technology, advanced technology in terms of takingare of nuclear waste. i believe we can preach a point where we have cleaner coal -- i believe week

5:50:55 to 5:51:09( Edit History Discussion )

James Webb: research reach a point where we have cleaner coal. we're the southbound saudi arabia of coal. we're looking for independence from countries where we have seen an enormous transfers transfer of wealth from

5:51:09 to 5:51:49( Edit History Discussion )

James Webb: the united states. it's going to result in better infrastructure for these other countries and are going to harm us in the long future. i believe we need to look at alternate energy programs of every