Political Quotes

John W. Peterson: “Well, maybe 30 years ago when oil was $10 a barrel and natural was $2 a thousand, it was smart to use theirs. But when…”

On the recordMay 20, 2008
Well, maybe 30 years ago when oil was $10 a barrel and natural was $2 a thousand, it was smart to use theirs. But when it's $129 a barrel and $11 for natural gas, I think it's time to produce our own. Americans do not need to be sending all of our resources to these other countries.
Said by
John W. Peterson
Pennsylvania

Editor's note · Context

Discussing the importance of domestic energy production in light of rising oil and natural gas prices.

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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…

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