Steve Pearce: “Now we should talk about the components of the bill that is suggested. Again, keep in mind that we are here talking…”

“Now we should talk about the components of the bill that is suggested. Again, keep in mind that we are here talking about the future of the Nation. We are talking about the philosophical underpinning of where we are going in this country with our jobs, with our economy, with our future. This bill is at the basis, because the American economy is driven by affordable, cheap energy. And what are we to say about the bill? We are having to speculate. We are told that it's coming up this week, either today or tomorrow. It's obvious that it's not coming up today. So one would say that it must come up tomorrow because we had that promise from the Speaker of the House. And yet we don't have the text of the bill that is dealing with our future as a Nation, our ability to make and create jobs, and we know nothing tonight so that we cannot really talk in anything but speculative terms. But we feel fairly certain on those speculative terms because we have had leaks from behind those closed doors where this process is going on. What are we to believe might be in that bill? First of all, there is going to be the renewable fuel standard, the RFS, renewable fuel standard, which says that we need to produce a certain amount of our energy, our gasoline, from ethanol. That is a worthy and acceptable thing if it's possible and if it doesn't stop us from implementing the Healthy Forests Act.”