On the recordMarch 3, 2022
All right. Then I will just wing it. When I do have the opportunity to object, I want to explain why. Having said that, Senator Thune knows we look for opportunities to work together. This is just one of those instances where we don't see entirely eye to eye. Mr. President, right now, the American people face two existential threats to our way of life. One is the threat really to the world order posed not so much by Russia but by Putin, the President of that country. The other is the threat of climate change. The legislation we are discussing today assumes that we must ignore the threats of climate change in order to wean our Nation off of foreign oil from countries like Russia, but this is a false choice. Since the Arab oil embargo of 1973, some have argued that if we simply drill more oil, we can be free of the price whiplash caused by international disruptions in the global oil market. This wasn't true during the Arab oil embargo. It wasn't true during the Iranian revolution. It wasn't true during the 1990 Gulf war or, more recently, during the Iraq war. And it is not true today. Yet the legislation before us clings to a false understanding of oil markets. We have drilled more, but the oil prices that we pay are still impacted by global events. Instead, we need policies that help our economy smoothly transition off of oil, while at the same time give consumers more choices to fuel their cars, their trucks, and their vans.…
Source
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