Political Quotes

“I think the gentleman opened the door to a short discussion as we conclude on energy. Let me briefly go through a couple of the charts that I think describe the predicament that we are facing in energy. This chart simply shows the top red line is energy consumption, and the bottom green line is energy production at the 1990-2000 growth rates, and so the middle is the projected shortfall. That means we are becoming more and more dependent, like the gentleman said, on other countries, especially OPEC countries. In 1970, I was asked to go on the Presidential Oil Policy Commission, and so we went over to the White House with Bill Simon every morning at 6:30 to find out where the available supplies were and how we could distribute them. At that time we were very nervous because we were in a Cold War situation, so we gave agriculture a top priority for fuel. So two decisions were made. Number one, put a price ceiling on the price that could be charged for gas and petroleum products. Number two, give agriculture a top priority.”