Mr. Chairman, I rise in support of this commonsense bill, which has been a long time in coming. I want to thank Mr. Conaway for his leadership in bringing it to the floor tomorrow, and the process the committee used, which was a series of hearings through the process, supported by our chairman, supported by members on both sides of the aisle. I want to thank Joe Barton and Mr. Cuellar of Texas for their leadership in recruiting cosponsors, a large bipartisan group of cosponsors, to bring this longstanding bill to the floor and the positive efforts it will have on our economy. {time} 1745 I would like to say to my friend, Mr. Sessions--and I invite him to come to Little Rock--that I filled up last week for $1.82. So, perhaps Arkansas is a more competitive gas pricing market than even Texas. That may be the biggest economic news of the day here on the floor. We have touched on the importance of American jobs. All of our American jobs in the oil patch right now are suffering due to low prices and low development budgets. I don't have any doubt that when reserves are revalued September 30 for our publicly traded companies, their oil and gas exploration lines of credit will be down because of pricing in the U.S.; and, therefore, this is a boost for the economic opportunity for jobs in the United States in development. I want to touch on the national security aspects of this bill that I think are so important, Mr. Speaker.…
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