On the recordOctober 22, 2015
I am having a little trouble understanding where this amendment is headed and what it is really trying to do. If I understand correctly, it proposes to limit export of strategic and critical minerals if the supply of those minerals is greater than 80 percent of domestic demand. As I am trying to figure that out, one thing that jumps out at me is why is 80 percent a significant milestone? It seems sort of plucked out of thin air. It seems arbitrary. How would you measure and find that 80 percent of something that is used in many ways around the country, I am not sure how that would be done, by advertising in national newspapers or something? I am just a little unsure. Also, the amendment appears to be internally inconsistent. On one hand, the amendment seeks to prevent the use of the bill's provisions if the supply is greater than 80 percent of domestic demands. On the other hand, the amendment says that the project proponent cannot show that production exceeds 80 percent of domestic demand, the project proponent must advertise that fact in a national newspaper, trade publications, or Web site. I am just a little confused as to what this amendment is really trying to get at. But it does seem to be, in the final analysis, a continuation of the overregulation that has produced this problem in the first place. We have so many regulatory obstacles to producing minerals that it does take 7 to 10 years.…





