Political Quotes

Mike Pence: Well, I don't know what it's going to take, Mr. Speaker. Indiana is right up there with the rest of the country pushing…

On the recordMay 14, 2008
Well, I don't know what it's going to take, Mr. Speaker. Indiana is right up there with the rest of the country pushing about $4 a gallon. We'll get people out on the road for vacations this summer, and I don't know what it's going to take for Congress to take dramatic action to lessen our dependence on foreign oil. I've got to tell you I was little bit encouraged last night, Mr. Speaker. The Democrat majority brought a bill to the floor that actually endorsed the idea that the cost of oil and gasoline is affected by supply and demand. We voted to suspend purchases by the Strategic Petroleum Reserve, therefore lessening the demand on global oil, believing that the price would come down. Well, today, this motion to instruct conferees is all about increasing the supply. Look, we hear a lot about oil profits; we always have. And no one respects the previous speaker more than me. But who in the world thinks that raising taxes on oil companies is going to lower their prices at the pump? I mean, for heaven's sakes, we understand as Americans that commodities and the price of commodities are dictated by supply and demand. We simply have to take those measures in an environmentally responsible way to explore and further exploit the resources that we have in the ground, and I speak specifically of the Alaska National Wildlife region and the other areas that are affected by this motion to instruct conferees.
Said by
Mike Pence
Republican · Indiana

Editor's note · Context

Discussing the need for Congress to take action on oil prices and supply during a speech on the House floor.

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