Political Quotes

On the recordJune 18, 2008
Because these are 10-year solutions that we're talking about when we're talking about creating new areas where we can drill. I think we've exhausted the topic about the number of acres that are available for current drilling. They want to increase the amount of acres. So what, I think, is instructive to look at and what we should discuss is how we got where we are today. Some would say, well, there's no point in looking back. We have to move forward and start the process from where we are right now because we can't do anything about the decisions that were made in the past. Certainly, that is true. There are a number of factors that affect the price of gas that have led to the skyrocketing prices that families all across this country are forced to pay. We can do nothing about the increased demand in growing nations like China and India. It's a huge problem. It's going to continue, and it's going to greatly impact the price of gas moving forward. There's not much we can do about that. The speculation in the market is something we can do something about, the manipulation that takes place in the commodities market, and this Congress is going to be bringing forth legislation to deal with that very complicated issue about how the oil commodities are traded and what the sources are of that manipulation. Congress is going to try and figure out a way that we can regulate that in an effective way.
Said by
Jason Altmire
Pennsylvania

Editor's note · Context

Discussing the factors affecting gas prices and potential legislative responses.

Share

More from Jason Altmire

Dec 31, 2012

On this last day of 2012, I want to take a moment to highlight the work of a number of hardworking Federal employees, people who serve with distinction, but often without the credit they deserve. All of us in the House have dedicated staff…

govinfo.gov
Nov 28, 2012

We have no further speakers on our side. I yield back the balance of my time.

govinfo.gov
Jul 17, 2012

Absolutely, I would agree. I had a chance to chat with them earlier today, and there is no group that should stand ahead of our Nation's veterans when it comes time to making Federal funding decisions, so I'm glad that they are joining us…

govinfo.gov
Jan 1, 2013

Last night the Senate did what great deliberative bodies are supposed to do--they worked together. They compromised. They accommodated other point of views, and they got the job done. Yes, it was a little bit late. It wasn't exactly timed…

govinfo.gov

Other voices in this conversation