When we started down that road, natural gas was less than $2 a thousand. And it has hit as high as $14 and $15 in peak periods. But Daniel Yergen, who wrote the book ``The Prize,'' spoke in the Senate shortly after that process started, and I happened to be there with Steve Largent. And he said if we don't open up supply, we are going to make natural gases so high that Americans will struggle to heat their homes, struggle to run their businesses, struggle to heat their hospitals. We are not going to make products in this country much longer that consume a lot of natural gas. I predict if we don't deal with the natural gas issue, simple things like glass and bricks will be made in Trinidad, where gas is about a buck a thousand. That is not very far from here. Trinidad is in northern South America, probably a boat, a ship, a day away. It wouldn't take long to get to the east coast with a ship of bricks and glass. And that is a tragedy if we start importing those kinds of things that the American working man has made. This is about jobs for working people. It is about the economy for the working people of this country. Energy punishes the poor and the middle class. The rich will go right along. The rich environmentalists who are against will live right on. They won't change their life-style. They will live in their huge homes and fancy cars and they will do their thing because money is not a problem. But the middle-class working people will not have a middle-class job anymore.
Editor's note · Context
Discussing the impact of natural gas prices on American jobs and the economy.
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