Political Quotes

Charles Taylor: “There is a lot of hysterical comments on the floor, and I share the gentleman's concern about high gas prices. The…”

On the recordJune 17, 2004
There is a lot of hysterical comments on the floor, and I share the gentleman's concern about high gas prices. The unfortunate thing is we are not spending any money now to buy gas. No funds are being expended here. We expect the next 39 million barrels will come in as royalties. We cannot sell the oil with this amendment. This merely says no funds in this act shall be used to maintain more than 647 billion barrels of crude oil in the Strategic Petroleum Reserve. Now, if it ever gets back down to 647, and that would take a complicated movement to get it back down there, then the gentleman's amendment might apply. But I do not see that it does what he is intending it to do, and certainly it is not going to lower the price of gas.
Said by
Charles Taylor
North Carolina
Source
govinfo.gov

Editor's note · Context

Discussing the implications of an amendment related to the Strategic Petroleum Reserve and gas prices.

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May 18, 2006

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