On the recordOctober 5, 2000
It seems to me the majority is crying because the price of oil has dropped. The President made a decisive step and said we are going to pump oil from our reserve. Immediately, the price of oil dropped. Today it is below $30 a barrel. The majority seems so concerned that what the President has done has helped--the price of oil has dropped. I suggest my friends in the majority talk to the Governor of Texas or maybe the man running for Vice President. They have connections with the oil industry. Maybe they could talk him into not shipping oil overseas if that is, in fact, what is happening. They are crying crocodile tears because what is happening here is good. We laid out in great detail yesterday what this administration has done to lower the price of oil to make sure the economy was in good shape. I am also continually amazed at what the majority says about the Vice President: He broke the tie, so there is a 4-cent-per-gallon increase in gas; isn't that too bad? Let's look at the history. Remember, the majority was saying all kinds of bad things would happen. The Republicans were saying all kinds of bad things would happen if, in fact, the Clinton and Gore budget deficit reduction plan passed. It passed. Prior to passing, listen to what the Republicans had to say. Conrad Burns: So we're still going to pile up some more debt. But most of all, we're going to cost jobs in this country. He was wrong on both counts.
Source
govinfo.gov




