That McConnell-Domenici amendment included a number of measures, something very similar to my proposal with regard to the Outer Continental Shelf. It would have dramatically expanded our domestic supply. It would have done something real, concrete and meaningful and have a significant impact over time on the price at the pump. Yet again, the Senate refused to act, refused to move forward with that significant proposal that would do major things on the supply side and would couple it with other actions we are taking and further actions we need to take on the demand side. Instead, we did something extremely modest. We said: For now, we are not going to continue to fill the Strategic Petroleum Reserve. I supported that move. It is true that will free up 70,000 barrels of oil to put into the open market versus pumping into the Strategic Petroleum Reserve, but that is very modest. That is hardly going to make a dent on the price at the pump. In contrast, all the provisions of the McConnell-Domenici amendment, all that extra supply domestically would have meant 3 million barrels in contrast to 70,000. Yet again, the Democratic leadership and the Senate overall refused to act, refused to address this issue, the most serious that Americans are facing today, the one that hits their pocketbook over and over, causing them real concern about their family budget and how they are going to make it. I urge the Senate to get out of this do-nothing attitude.
Editor's note · Context
Discussing the impact of energy supply measures on gas prices during Senate debate.
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