On the recordFebruary 10, 2011
I yield myself 1 additional minute. How do you create jobs? We haven't heard that yet. We haven't heard that yet. Well, they say drilling. Well, last year there were 4,700 new leases that were granted by the Bureau of Land Management, but the oil industry only began drilling on 1,400 of them, only one-third. Now, we don't really have to worry going forward in the future, because at $100 a barrel plus, ladies and gentlemen, the $40 billion in tax breaks that the Republicans want to give to the oil industry over the next 5 years, we don't have to worry that they are going to go drill, because they are going and drilling. But why are we giving them $40 billion? Why aren't the Republicans out here as free market devotees saying let's take that $40 billion of taxpayers' money away from the oil industry? Why aren't they doing that? Why are they going to allow the taxpayers to be shaken upside down at the gas pump and have money come out of their pockets for the rest of this year as the price of a gallon of gasoline goes to $3.30, $3.40, all the way up to $4 a gallon again? The SPEAKER pro tempore. The time of the gentleman has again expired.
