Political Quotes

On the recordJuly 25, 2018
Mr. Speaker, America is better off. America is better off because U.S. crude exports have more than doubled since January 2017, and production is up 12 percent so far this year alone. Since Congress lifted the 40-year ban on oil exports in 2015, U.S. producers now export between 1.5 and 2 million barrels of crude every day. Lifting the ban has filled pipelines and sparked a surge of investment in new technology and shipping infrastructure around the United States. {time} 1130 Today, U.S. crude imports have dropped 7.5 million barrels per day, as we rely on that increased domestic production and our friends in Canada. Lifting the ban has allowed us to be in competition with the two highest producing crude oil countries in the world, Saudi Arabia and Russia. According to the International Energy Agency, this year, the United States is expected to surpass Saudi Arabia and rival Russia as the world's leading producer of crude oil. This comes as Germany is working with Russia on a pipeline that will deliver more than 50 billion cubic meters of natural gas from Russia to Germany. During the recent NATO summit in Brussels, President Trump was right to strategically question Germany's further reliance on Russia's natural gas.…
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James Hill
Republican · Arkansas

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