John Shimkus: “just a brief part of good news. I just heard from Champion Laboratories that makes fuel filters that they are closing…”

“just a brief part of good news. I just heard from Champion Laboratories that makes fuel filters that they are closing their Mexico plant and adding 100 jobs back in my district and developing a line. So the economy is moving forward. And that is good news. And sometimes we don't hear that. A lot of focus of this debate is on crude oil and gas. And the fact that we import refined product, the fact that we import gasoline and not just crude oil, should make us all concerned, and that is really the premise of this debate. {time} 1230 Two years ago, Chairman Alan Greenspan stated at the Economic Club in New York that we do not have any refineries, not just in the United States but we do not have any expanded refinery capacity in the world, especially as we are making fuel products. And I have the quote right here, but for time I will save that. But I want to focus on another provision of this bill. If you do not like Big Oil, support this bill. If you do not like Big Oil, if you want a competitive to crude oil gasoline, support this bill. Why? Because the incentives to increase the refinery capacity will also apply to biofuels. Twenty-nine new ethanol facilities are in Illinois. I drive an E85 flexible fuel vehicle, 10 to 15 cents less a gallon; and 2 years ago I did not have a single retail location in my district when I had a flexible fuel vehicle, Ford Taurus. Now I have over 20 locations.…”