On the recordJuly 24, 2012
I want to thank the committee chairman for allowing me to speak. First, I would like to agree with the gentleman from New Jersey. He is absolutely correct that oil production has increased in recent years and that our dependence on oil has actually decreased over the same period of time. But why? Because of the private sector. The private sector industry has been out there and has been drilling in new areas like North Dakota and in my own home State of Louisiana. It's the private sector that's driving this. It's producing more oil than we ever have, and there is much more that we can have. On the other hand, on public lands, which have been under the control of the President, we have seen a reduction of 15 percent. So there is no way in the world we could give our President, President Obama, credit for that unless, of course, we said, Well, indeed, the private sector didn't build it--he did. But I really don't think that's the case. Mr. Chairman, I stand in support of H.R. 6082. What we are seeing in President Obama's lease plan is a study in contrasts. When demand for energy was up and prices were spiking in 2008, the Bush administration opened more areas for drilling. That's just commonsense economics. Here we are 4 years later with high energy prices again, and this President's solution is to propose a plan that opens no new areas of drilling.…





