Political Quotes

“I want to thank my colleague from Texas, the vice chairman of the Energy Subcommittee, who has just been a real leader on energy issues across the country and around the globe. Mr. Speaker, I just want to talk about the shale revolution and what it has really meant not only for jobs and growth in America, but energy worldwide. The shale revolution and the dramatic increase in domestic oil and natural production has really been remarkable. American innovation did this. Technological advancements did this. It transformed the United States from an importer of natural gas to a major exporter. The positive effects, the enormous effects are being felt around the globe. OPEC and the established gas suppliers like Russia, they all bet against the United States. And guess what. They have lost. Now, as American energy exports reach world markets, they are losing their stranglehold on supply and prices. U.S. LNG exports are going to markets across Asia, North America, Europe, and, yes, to even some of our allies in the Middle East. The rise of the U.S. as a global energy superpower means that energy markets are more open. They are more transparent and competitive than ever before. And we are creating great American jobs here. We really are. If you look at these regions where these finds have been discovered and now are being developed, people are getting good wages, good jobs. They are building out, and it makes us stronger.…”