On the recordApril 20, 1994
today I am introducing the Emergency Petroleum Supply Act, a bill to ensure that insular areas of the United States have guaranteed access to the strategic petroleum reserve during an oil supply disruption. Senator Inouye has joined me in cosponsoring this legislation. Hawaii relies on oil for 90 percent of its energy needs, all of which arrives by ocean tanker. We are the most oil-dependent State in the Nation. That is why access to oil reserves during an energy emergency is so important to the people of Hawaii. An oil supply disruption could stifle our economy and cripple our largest employer the visitor industry. The legislation I am introducing today will safeguard Hawaii from the harsh economic consequences of an oil emergency. The Emergency Petroleum Supply Act is good energy policy and good economic policy for the State of Hawaii. The cold war may be over, but the world continues to be a dangerous place because of regional tension and conflict.
Source
govinfo.gov




