On the recordApril 10, 2003
I will conclude by sharing that this amendment is important to the parts of this country who have huge heating costs and cooling costs, to help those that are less fortunate than most of us, those that a big piece of their income goes to heat and cool their homes; and this takes a part of the bonuses and puts it in that fund. The real problem of LIHEAP will only quadruple if we do not bring energy supplies available to this country. If we do not increase oil supplies, energy prices will spike. If we do not increase gas supplies, home heating and manufacturing costs will go out of sight. If we look at the charts, if we look at the graphs, our gas supplies are the lowest in this country they have ever been. Our prices at the moment are prices they do not want to fill with because it is over $5 a 1,000. We have an energy crunch in this country. We have a shortage of both gas and oil.
Source
govinfo.gov
