Political Quotes

“Mr. President, I certainly agree with the comments of the majority whip. My friend from Wyoming will be surprised that I think we have some agreement on the issue of infrastructure. When I was the Governor of Maine, we--we, the pipeline company but under the auspices of the environmental regulatory policies in Maine-- constructed a brand new pipeline for natural gas from Nova Scotia through New Brunswick and through Maine into Massachusetts. I believe one of the problems we have is a lack of gas pipeline infrastructure, and that causes higher prices than there should be in New England. I think the Senator and I agree on that. Where we disagree is on the extent to which any policies of this administration have affected the price. As the Senator just pointed out, the Keystone Pipeline wasn't expected to deliver for another year or 2, and the express purpose of the Keystone Pipeline was to take oil from Canada to the Gulf Coast for export. It wasn't designed to service production in the United States. As I say, the problem right now is that the high price of gasoline is the result of the rapidity of the economic recovery, which is a good thing. What is not a good thing is that the oil companies made a choice last year to invest in their shareholders and their stock prices rather than in producing oil. I understand that to some extent because they took such a beating during the pandemic. It dropped so fast that oil was actually trading in negative territory for a period of time.…”