Political Quotes

“What I would encourage is that the professional staff take a good look at this and see if indeed there is not some other agency that would have this information. I think it is important for the Senator from Illinois to recognize on renewability, which we passed, the 10 percent, that is going to cost roughly $100 billion to the consumers of this country by the year 2020. That is pretty much the agreed-upon, recognized cost of achieving a 10 percent reliability. I am sure the Senator from Illinois is also aware that within the last couple of days this Nation has lost about 25 percent, almost 30 percent, of the capacity to import oil with the determination by Iraq to initiate a moratorium for 30 days, coupled with the strike in Venezuela. Clearly, that shortage has resulted in at least a $3-per-barrel increase in the price of oil. These things seem to have a world application. If we look at Saudi Arabia and the OPEC nations which operate their cartel, by reducing the supply of oil they can clearly motivate and initiate the price.”