Harry Reid: “in Reno, this weekend, the price of a gallon of unleaded gasoline was $2.22. Premium gasoline costs more than that. The…”

“in Reno, this weekend, the price of a gallon of unleaded gasoline was $2.22. Premium gasoline costs more than that. The higher blend fuels in Nevada cost about $2.50 a gallon. My friend and neighbor from the State of Idaho, the senior Senator from the State of Idaho, was in the Chamber a few minutes ago talking about the fact that if we pass the energy bill that had previously been on the Senate floor, and the one that came back from conference, we would have all of our energy problems resolved. I want to disabuse anyone within the sound of my voice, that simply is not factual. That energy bill was a bad bill. It did nothing to help the cost of gasoline. The thing it would do is give the industry just what it wants, billions of dollars in the form of subsidies and tax breaks, with no real conservation requirements. We want an energy bill. We, the minority, want an energy bill. But we want an energy bill that will diversify our energy supply, reduce our Nation's dependence on foreign oil, and protect the environment. The one thing the bill did not have in it that came back from conference was ANWR. That was at least something of which we were able to convince people of good will around here: The fact that the United States has, at its fingertips, less than 3 percent of the oil reserves of the world, recognizing that we cannot drill our way out of our problems. And that includes the oil that is supposedly in the ground in Alaska.”