Political Quotes

On the recordJune 4, 2008
But all those issues that you addressed, if we had American-made energy, if we weren't relying on imported crude oil, you know, why does the cheap dollar affect our price? Because we're buying crude oil overseas. If we were producing our own crude oil in our country, the dollar wouldn't matter. The speculators, you know the speculators. What are they betting? I love this debate. They are betting that we're going to do nothing. You want to go after the speculators? Bring on more supply. They're betting that this barrel is going to go up, not go down.
Said by
John Shimkus
Republican · Illinois
Source
govinfo.gov

Editor's note · Context

Discussing the impact of American energy production on oil prices and speculation.

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