On the recordMarch 2, 2011
These are private-sector jobs. They're good-paying jobs, and they help promote U.S. energy security. It's critical. So what we have is an administration that is proposing policies counter to what American interests are with regard to our energy security, and I would submit to you it hurts our national security as well. And I'm really worried about the situation in the country of Oman, for instance. It's right across the Strait of Hormuz from Iran. That strait is very narrow. Forty percent of the world's oil crosses through that strait, and if it were to shut down because of unrest in Oman and Iranian mischief, we would see oil prices spike up to $400 a barrel, and we'll pay a lot at the pump. It will hurt our farmers. Rice farmers back home are trying to export rice and grow rice for domestic consumption. It will hurt our chemical manufacturing. And speaking of the natural gas piece----
