of course our Nation is on the verge of war, a war against what is called terrorism. It is interesting to think about that word. It is kind of a nebulous term. The enemy moves around the world. I think it is important to take a look at what is happening here at home and to think about who it was that crashed into those trade towers and where they originated from and what might have propelled the hatred that was directed against the people of our country on our home soil. It is very interesting that the majority of hijackers came from the nation of Saudi Arabia. We look at where they came from, where they were educated and what their motives really were. It is interesting that Saudi Arabia remains the country from which the United States is importing the greatest share of petroleum, and if we look at the balance of accounts today, the primary area in which we have yielded a trade deficit with the world is in imported petroleum. Oil prices are going up over $33 a barrel. Every time we go to the gas pump and we buy a gallon, over half of what we spend goes to countries like Saudi Arabia, Kuwait, Iraq, Venezuela, Nigeria. It is very clear what has been happening. In fact, the current recession we are in, starting in March 2001, was triggered by rising oil prices, and in fact, rising prices at the pump are driving us into deeper recession every day.
Marcy Kaptur: “of course our Nation is on the verge of war, a war against what is called terrorism. It is interesting to think about…”
Editor's note · Context
Discussing the implications of terrorism and oil dependency during a speech on national security.
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