Political Quotes

John W. Peterson: “One thing I want to mention, what has happened to these high energy prices? Dow Chemical paid $8 billion for natural gas…”

On the recordNovember 13, 2007
One thing I want to mention, what has happened to these high energy prices? Dow Chemical paid $8 billion for natural gas in 2002, $22 billion in 2006, and they are now building plants all over the world because we can't afford America's energy. That is the message we need to realize. Many companies are doing that, and we need to prevent that.
Said by
John W. Peterson
Pennsylvania

Editor's note · Context

Discussing the impact of rising energy prices on American companies and industry.

Share

More from John W. Peterson

Jun 18, 2008

If the Democrats win this debate and we don't produce energy--if we use these old statements of 68 million acres and 80 something percent is leased, that is not factual; 2.5 percent of the Outer Continental Shelf is leased, the good spots…

govinfo.gov
Jun 18, 2008

They're drilling platforms, and it takes years to get there. So some of these are in process. A lot of them are old, tired leases where we're now drilling between wells. And the return, we're drilling three times as many wells as we used…

govinfo.gov
Jun 11, 2008

The president of DOW Chemical said in a letter I received, he said, We have a debate going on in this country and one side wants production, the other side wants conservation and renewables. He said you're going to need them all. You'll…

govinfo.gov
Jun 5, 2008

Folks, if we're serious about cleaning up the Chesapeake Bay, we can get affordable energy for America by producing offshore. Every country in the world produces here. We're the only country that doesn't, and we can have $20 billion, which…

govinfo.gov

Other voices in this conversation