American consumers are being hit hard at the gas pump right now. The legislation we have on the floor today will go a long way towards giving our Nation the sound, comprehensive energy policy that our citizens need and deserve. Our Nation is too dependent on a fickle foreign oil market that is being stretched to the limit by global demands. The evidence can be seen at gas stations across the United States. Recently, the national average price of gasoline hit an all-time high of $2.28 a gallon. Oil prices, at one point, jumped to almost $58 a barrel. Analyst forecast a higher spike to $60 soon. In some parts of the country, like the West Coast, gas has jumped to more than $2.50 for a gallon of unleaded. The House has passed energy legislation three times. Each time it has been blocked for partisan gamesmanship. Meanwhile, families are finding it more expensive to plan a family vacation or even drive their kids to little league practice. Many of our small business owners, like florists, truck drivers and pizza delivery companies, are struggling to make ends meet. This is unacceptable. America is in the midst of an energy crisis that threatens our national and economic security. The House legislation does a number of things to address the crisis. It reduces our dependence on foreign oil by expanding domestic supplies and allowing oil and gas exploration right here in the United States.…
On the recordApril 21, 2005
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