And so, hopefully, we tried to explore about a year ago a way to sort of combine these programs to just make it more efficient and more helpful to the American people.
Merry Christmas. Happy holidays. And enjoy the break.
Certainly, Strategic Petroleum Reserve and the CAFE standards are still out there and have a great impact on our economy and our society.
I think it is entirely appropriate for this subcommittee to revisit the Energy Policy and Conservation Act of 1975.
As a result, President Reagan eliminated these price controls, and we are all better off because of it.
Of course, under the act, the President does have the authority to allow the export of crude oil.
This morning's hearing we are going to be focused on the Energy Policy and Conservation Act of 1975.
Joe Barton and others have raised the issue about adopting legislation that would remove this prohibition.
I am particularly pleased to work with my friend Bobby Rush here, the ranking member of this subcommittee.
The dramatic increases in domestic oil and natural gas production could not have come at a better time for the Nation's struggling economy.
There is no doubt that the energy industry offers promising careers for young people.