On the recordJune 11, 2008
first of all, my friend's statement about the L.A. Times is as Orwellian as his statement about wanting to cast votes. Understand, everybody, that he means just the opposite. They do not want to cast any votes, so that is why they are preventing us from debating this legislation. He said we are making it impossible. That is Orwellian. They are the ones stopping us from debating. I would suggest to my friend that the L.A. Times is not some liberal newspaper. It has been purchased by one of the most conservative men in America today. He owns a chain of newspapers. He announced yesterday he is going to cut the news of the L.A. Times by 50 percent because the newspaper is going broke. So it is not a liberal editorial page. But assuming that we understand the Orwellian-speak from the Republican side, let me read a little more from the same editorial he talked about. Republicans are just as short of good ideas. Their big strategy on oil is to open up the Arctic National Wildlife Refuge to drilling. A recent report by the Energy Information Agency showed that there is anywhere between 5.7 billion and 16 billion barrels of ``recoverable'' oil in the refuge. Depending on where the actual number falls in that range, it could eventually reduce the price of oil by between 41 cents and $1.44 a barrel. Given that oil is trading at about $135 a barrel, that's not much--and the price reduction wouldn't occur until 2026.…
Source
govinfo.gov




