Political Quotes

On the recordApril 9, 2003
I think it is very vital that we pass an energy bill in this Congress and pass one that is meaningful. We must continue to improve efficiency and conservation of our energy use. I think in electricity we need to veer away from natural gas and go back to clean coal and nuclear for the interim, because if we continue to use natural gas as we are, we are going to threaten home heating. Gas should be saved for affordable home heating, commercial, industrial, and should be used for mass transit in our cities, which would help clean air there. Oil should be replaced in transportation as quick as we can, whether it is hydrogen fuel cells, the new cars that use multi-fuels or whatever, because we only have 2.5 percent of the world's oil and basically our transportation is funded with oil, and we do not have a long term source of oil. We need reliable supplies of all energy sources to prevent the price spikes. Why do I say that? Every time we have energy spikes in our country, we have a downturn in our economy and millions of Americans lose their jobs. Seventy percent of our economy is commerce, and when you take money out of home heating budgets, if home heating prices double, when transportation prices for driving our cars spike at the same time, all of that spending comes out of commerce. People do not go and shop, people do not go and spend money, because they have already paid it to their energy sources.
Said by
John W. Peterson
Pennsylvania

Editor's note · Context

Discussing the need for a comprehensive energy bill and its impact on the economy.

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