Small business is the future of America. One of the greatest threats to small business in this country is energy prices, the transportation of their goods and the heating of their factories and the use of clean green natural gas in the manufacturing process. It is 55 percent of the chemical business; it is 45 percent of the polymers and plastics business. They use it as an ingredient; they use it as a fuel. It is 70 percent of nitrogen fertilizer. And one-half of our corn is going to be grown this year with fertilizer from foreign countries because natural gas prices in America are the highest in the world. The natural gas supply in this country is in crisis. Twelve years ago, we opened it up for an unlimited amount of producing electricity. Now 20-some percent of our electricity is made with natural gas. But we refuse as a country, we refuse as a Congress to open up the Outer Continental Shelf where we have an abundant supply. How many countries do what we do? There is no one in the world that doesn't produce energy, both gas and oil, on their Outer Continental Shelf. We all talk about Brazil's energy independence. Yes, ethanol was a piece; but they opened up their Outer Continental Shelf. There has never been a gas well that polluted a beach. There has never been a gas well that polluted anything. Clean green natural gas should be a part of this bill; one-third of the CO2, no NOX, no SOX. It is a clean energy.
Editor's note · Context
Discussing the impact of energy prices on small businesses and advocating for natural gas production.
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