Michelle Wu said "It has been delightful to be working with the majority on the SBIR/STTR bill. The minority has chosen to make this into a debate about energy prices. A professor at Stanford University estimates that oil prices should be at about $60 a barrel. The chairman of Exxon, I understand, says that oil should be at about $55 a barrel. And I think the only reason why oil is at twice that price is because of an unnecessary war and a Republican Congress which permitted Exxon to speculate in the energy market." @ PoliticalQuotes.com

On the recordApril 23, 2008

It has been delightful to be working with the majority on the SBIR/STTR bill. The minority has chosen to make this into a debate about energy prices. A professor at Stanford University estimates that oil prices should be at about $60 a barrel. The chairman of Exxon, I understand, says that oil should be at about $55 a barrel. And I think the only reason why oil is at twice that price is because of an unnecessary war and a Republican Congress which permitted Exxon to speculate in the energy market.

Said by

Michelle Wu

Democratic · Massachusetts

Source

govinfo.gov

Editor's note · Context

Discussing the SBIR/STTR bill and addressing energy prices during a floor speech.

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