Steve Pearce: “we heard a comparison today between December 7 and what we are passing today. December 7 began World War II in the…”

“we heard a comparison today between December 7 and what we are passing today. December 7 began World War II in the Pacific, and if we read the history books, actually the war was lost by Japan and Germany because they ran out of oil. Japan was trying to keep us from interrupting their oil supplies and they ran out of oil. And we are absolutely disarming ourselves, taking away our own oil for the future here with this bill. I fail to see the connection that was being made earlier. We have been told right now in this debate that we should consider what we are going to do about the problem before us. Now, the problem before us that I saw yesterday was that Dow Chemical began to ship its jobs overseas. Previously this summer they had announced $22 billion worth of investment in Saudi Arabia because the price of natural gas here is above $7, and it is below $1 there. They are simply choosing the economic choices that lie before them. Mr. Speaker, when this bill first passed the House of Representatives, The Washington Post referred to it saying it would be legislation that is welcomed in Russia and Bolivia and other countries. The version before us today would still prompt the same comment, I am sure. We should be working to expand our manufacturing. We should be working to encourage American energy companies to expand their operations by building U.S. jobs.…”