On the recordJanuary 17, 2007
tomorrow we vote here in the House on an energy bill. And I thought it might be appropriate to spend a bit of time this evening looking at where we and the world are relative to energy. I have here a chart with some numbers on it that inspired 30 of our prominent Americans, Jim Woolsey, Boyden Gray, McFarland and 27 others, among them retired four star admirals and generals, to write to the President a letter which said, ``Mr. President, we have only 2 percent of the world's oil reserves. We consume 25 percent of the world's oil, almost two-thirds of which we import. And that presents a totally unacceptable national security risk. We really have to do something about that to free ourselves from the necessity of buying foreign oil.'' The President recognizes that this is a problem. In his recent State of the Union message he said that we are hooked on oil.
Source
govinfo.gov




