Political Quotes

“last weekend, the world watched as an attack was launched on the oil processing infrastructure of the Kingdom of Saudi Arabia. The attack initially reduced Saudi Arabia's daily output capability by half, and that represents about 5 percent of the daily global production. Oil prices around the globe spiked by as much as 19 percent before starting to fall on the news that there was enough oil in reserves around the world to deal with any short-term reduction from Saudi Arabia. One of those reserve nations they were talking about, of course, included this great Nation, the United States. The Strategic Petroleum Reserve is important to maintain. I think we all recognize that, especially in light of the attack on Saudi Arabia. Yet I have always believed and had the mindset that we need long-term energy supply solutions in this country. As the attack on Saudi Arabia has displayed, there is no foreign substitute for American energy. Should this attack on Saudi Arabia have happened before our Nation's energy renaissance, we would have been in a much worse situation. The near monopolistic control other nations once had on the oil and gas market no longer exist--a credit to American ingenuity and innovation. Over the last decade, we have had a turning point in this country on energy, which is something that leaders around the world talk to and point to in the United States.…”