Ed Markey

Even when taxpayers are getting some return for our oil and gas resources, we are still not receiving our fair share.

This has to end, and the supercommittee can do something about this with the Natural Resource Committee's help.

I want to commend Congressman Markey for his legislation that I believe was introduced yesterday for taking on some of these subjects.

A better bet is simply ending existing oil and tax giveaways, which would save taxpayers over $300 billion in the same period without damaging the Arctic.

By commending the life and legacy of Eisenhower, declaring the 1002 area of ANWR the Eisenhower National Monument--via executive order--the Obama administration would be preserving one of America's wildest landscapes.

Congress, in my opinion, has a moral responsibility to help save Eisenhower's Arctic sanctuary--a wonder like Yellowstone, the Tetons, Big Bend, and the Grand Canyon--for future generations to enjoy.

We have to move forward in this country.

Again, I guess I can wait until the end of the gentleman's questions.

I suggest we bypass Congress on this, as it is done consistently.

I think we are at the point now that President Obama needs to sign, using the Antiquities Act of 1906.

Thank you, Mr. Chairman, very much.

Well, I am not even a witness.

And I appreciate that very much.

I have had my staff----

It is imperative that the Natural Resources Committee exercise this authority thoughtfully and in an expeditious and transparent manner.

We need to get off of oil, and new technologies can help us do that.

To remove those subsidies and tax breaks for the oil and gas industry makes a lot of sense.

Is it worth it to drill in the Arctic Wildlife Refuge to find $3 billion worth of revenues, given the pristine nature of the Arctic Wildlife Refuge?

If we are serious about revenues, the revenues from the oil and gas companies at this moment are there.

Democratic proposals to ensure oil companies pay their fair share would generate nearly $60 billion over the next 10 years.

The top 5 oil companies have made $71 billion dollars just in the first six months of this year.

The oil and gas industry is swimming profits while our country is swimming in debt.

Drilling in the Arctic Refuge would do very little to reduce our deficit in the next 10 years.

The Republican Majority has opposed repealing unnecessary tax breaks for the oil and gas industry that would generate more than $43 billion over the next 10 years.

The oil and gas industry is swimming in profits while our country is swimming in debt.