On the recordJune 5, 2001
I just want to make it as clear as I can I think we should, as soon as possible, consider the legislative recommendations of President Bush and Vice President Cheney to deal with this most serious crisis. In fact, I think we saw this past weekend that the President thought it was important enough to travel to California to visit with Governor Davis, who has certainly expressed his views on the importance of the issues facing his State. And his is not the only State that has faced this energy crisis. There are a couple of statistics worth noting in this regard. Our energy demands are growing very rapidly while our production side is relatively stagnant. Oil consumption, for example, will grow by over 6 million barrels per day over the next 20 years, but oil production is expected to decline by 1.5 million barrels per day. Natural gas consumption will grow by over 50 percent over the next 20 years, but production will only grow by 14 percent.
Source
govinfo.gov




