On the recordMarch 27, 2012
Mr. President, I am going to yield in just 2 minutes because I know Senator Sanders is here. I really feel I need to respond because it is very important to note that under the leadership of President Obama--for decades we did not drill as much as we have drilled now. We have more wells pumping than at any time in recent memory. I think it is an important point. Of course, we are not going to drill off the coast of some of our precious areas because we have to support the fishing industry, we have to support the recreation industry, the tourism industry. But all this argument about drill, baby, drill and we will solve everything does not work because we threaten jobs when we go to certain areas that are pristine and very important sources of economic income for our States. Plus, if you ask my colleagues on the other side, they will not support keeping the oil in America--they will not--and we are exporting more oil than we ever have before. So this thing gets very interesting when we look at it. Still, in all, the big oil companies--as we all make our sacrifices at the pump-- are bringing in record, record, record profits. They ask us to make sacrifices because there is instability in the world, but they are pocketing those increases.…





