On the recordSeptember 18, 2014
I am pleased to join with the distinguished Senator from the State of North Dakota, and I am pleased to join with the Senator of Oklahoma. I am pleased to speak as an American from a State that is a net consumer, not producer, of energy. The Senator's State is a great producer of energy. Senator Inhofe's State is a great producer of energy. Georgia is a great consumer. We don't have a lot of oil or natural gas or coal, but I am here because I have a lot of experience in my lifetime--a lot of it with national security issues and with economic issues. Our ability or our failure to approve the Keystone Pipeline and fracking is, very simply, professional malpractice. I wish to refresh everybody's memory. This is the sixth anniversary of a letter to the President of the United States. Do we know what it is the 35th anniversary of? The Arab oil embargo. I was a real estate salesman in 1970 when something called the misery index was developed. Does the Senator know what the misery index was? We had double-digit inflation, double-digit unemployment, and double- digit interest rates. Why? Because the Arab oil embargo in the middle 1970s brought America to its knees. This real estate agent salesman used to have to wait for 2 hours in a line at an ExxonMobil station with a $10 bill to get my ration of gasoline in the 1970s. Why? Because we depended on the Middle East and OPEC to supply us with energy. We sit here on the cusp of being a net producer of energy.…





