Bill Pascrell: “Tourism at the Jersey Shore supports jobs for over 500,000 people, generates over $50 billion in economic activity every…”

“Tourism at the Jersey Shore supports jobs for over 500,000 people, generates over $50 billion in economic activity every year. These people depend on the responsible stewardship of our waters and coasts for their livelihoods. Let's set the record straight. This legislation does nothing to address the current spike in gas prices. What we need to do is: Stop wildly fluctuating oil prices. And that's up to the Commodity Futures Trading Commission, which is writing the regulations as we speak right now. Cap America's oil reserves. For a short period of time, we can afford to do that. Crack down on gas gouging, which is happening and the U.S. Attorney General is correct in investigating this. And, finally, evolve to a clean energy economy. It's not just that we need to depend less on foreign oil, we need to depend less on domestic oil. We know it's going to take time. We need to be reasonable about this and be safe about it as well.”